Seeing the effect of each financial transaction or event on your current situation is the purpose of:

Answers

Answer 1

Seeing the effect of each financial transaction or event on your current situation is the purpose of: balancing your books.

What is a financial transaction?

This has to do with all forms of exchange that occurs between a person that is selling a good and another person that is buying.

Such transactions are usually written in  the accounting book which is balanced.

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Related Questions

Accounts receivable are normally reported at the: Present value of future cash receipts. Current value plus accrued interest. Net realizable value which is Accounts receivables minus allowance for uncollectible. Current value less expected collection costs.

Answers

The accounts receivable are normally reported at the expected amount to be received.

What is an accounts receivable?

This refers to the amounts owed by client which is due for payment within 30 days after the sale of goods and services on credit.

In accounting, the accounts receivable are normally reported at the expected amount to be received.

Therefore, the Option E is correct.

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Your client has a documentary film coming out next month. They have three separate 30-second promo videos and want to identify which ad viewers watch to the end most often. To prioritize showing that ad, which type of video creative optimization would you use

Answers

To prioritize showing that ad, the type of video creative optimization to use would be dynamic creative optimization

What is Video Creative Optimization?

This refers to the use of visual effects to make a media file or video come out better by making some changes to it.

Hence, we can see that based on the fact that there are different 30-second videos and get feedback from customers, the use of dynamic creative optimization would be encouraged so that each ad would be prioritized.

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The graph below represents the low-wage labor market demand curve for a U.S. city; there is also a line (MinWg) showing a $12 hourly minimum wage ordinance recently enacted by the city. Using the straight-line tool, choose two of the points shown to draw the supply curve for which the new ordinance would actually make a difference in how much workers earn.

Answers

The new ordinance will make a difference when the new wages will be binding.

How to depict the information?

It should be noted that the supply curve shows the relationship between the price and the quantity supplied.

Based on the information given, when the equilibrium wage is above the minimum wage, the ordinance won't make a difference.

On the other hand, when the equilibrium wage is below the minimum wage, it'll make a difference for the worker.

Therefore, joining the lowest of the two points will give the equilibrium.

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After critical success factors have been identified, the next step in developing a competitive strategy is to develop relevant and reliable measure for these critical success factors. These measures are important to help the organization:

Answers

These measures are important to help the organization monitor progress toward achieving strategic goals.

What is a Staretegic Goal?

This refers to aims and objectives of a business and the steps it takes to achieve them.

Hence, we can see that the next step to take after the critical success factors have been identified is to develop competitive strategy that would help to monitor progress toward achieving strategic goals.

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The typical pattern revealed in a budget constraint model shows that as the quantity consumed rises,.

Answers

The typical pattern revealed in a budget constraint model shows that as the quantity consumed rises the cost of good purchased also increases.

What is Budget constraints model

The models shows the amount of goods and services that an individual consumer can purchase based on a given income.

The income of the individual could be inform of salary.

Therefore, The typical pattern revealed in a budget constraint model shows that as the quantity consumed rises the cost of good purchased also increases.

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A media strategy involves _____ for an advertising and marketing campaign.

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In most time, the media strategy involves analyzing & choosing media for an advertising and marketing campaign.

What is a media strategy?

This refers to those action that help a firm to reach their target audience as well as to improve the overall customer conversion rate.

Hence, most time, the media strategy involves analyzing & choosing media for an advertising and marketing campaign.

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The graph of f(x) = x2 is translated to form
g(x) = (x – 2)2 – 3.

Answers

A parabola opens up. It goes through (0, 1), has a vertex at (2, negative 3), and goes through (4, 1).

What is graph?

A network can be mathematically represented as a graph, which shows the connections between the lines and the points.

Figure represents graph of  f(x) =[tex]x^{2}[/tex] and g(x) =(x-[tex]2)^{2}[/tex] —3

The X-axis shift is represented by the new function g(x) = f(x—c) and The Curve is moved c units along the right side of the X-axis in the f(x) graph.

The new Y-axis shift function is represented by g(x) = f(x) + b. The curve is moved b units along the Y-upward axis's direction in the graph of f(x).

If you look at the graphic, you can see that the vertex of f(x) has its X-axis and Y-axis displaced by 2 units and 3 units, respectively, to produce the value g(x)

Now, g(x) = (x-[tex]2)^{2}[/tex] —3  = f(x-2) + (-3)

Therefore, the new vertex we get is (2,-3)

g(0) = (0-[tex]2)^{2}[/tex] —3

g(0) = 4-3

g (0) = 1

As a result, g(x) passes through (0,1)

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According to the law governing mortgage loan brokers, what is the maximum commission Broker Dan can charge for securing a $15,000 second mortgage for a period of 4 years?

Answers

From the law on the mortgage brokers, the maximum commission that is charged would be 10 percent of the principal loan because the loan ahs a period of more than 3 years.

Who is a mortgage broker?

This is the term that is used to refer to the intermediary or the middle man that brings mortgage borrowers and lenders together.

The fee or the commission that they have to earn based on the fact that is for 4 years would be 10 percent.

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. Write a paragraph (three to five sentences) to explain how your allocation of Marc and
Julian's portfolio matches their investment goals and priorities. (12 points)

Answers

Marc and Julian's in terms of investment priorities and risk tolerance, shares a lot of their portfolio to High-risk stocks and real estate.

How should Marc and Julian's portfolio shared?Marc and Julian's  are said to be young people that will be liken to have High risk tolerance.They will also prioritize growth in the long run.

The priorities as shared are:

32% to High-risk stocks and bonds 24% to real estate.

This is done because this is a kind of risky investments that will bring about high returns in the long run.

17% to Mutual funds 15% to retirement and others.Cash will be 3% low risk stocks and bonds will be shared 9%.

Therefore,  Marc and Julian's in terms of investment priorities and risk tolerance, shares a lot of their portfolio to High-risk stocks and real estate.

See full question below

Now it's time to help Marc and Julian allocate the investments for their portfolio. This

section is worth 28 points.

1. Marc and Julian have $30,000 they would like to invest. Based on all you know

about their investment priorities, interests, and tolerance for risk, assign each type of

investment a percentage of the $30,000. Your allocations should add up to 100%. (16

points)

Average annual rate of Recommended allocation

Type of investment return

(percentage)

Cash (includes savings

accounts and CDs) 0.5%

3%

High-risk stocks and bonds 8 - 10%

32%

Low-risk stocks and bonds 3 - 4%

9%

Mutual funds

5 - 7%

17%

Real estate

6 - 8%

24%

Retirement

4 - 6%

15%

2. Write a paragraph (three to five sentences) to explain how your allocation of Marc and Julian's portfolio matches their investment goals and priorities. (12 points)|

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A company's value-creating activities can offer a competitive advantage in one of these ways. a. contribute to greater efficiency and lower costs and provide a basis for differentiation. b. contribute expense savings and enhance product exclusivity. c. reduce cost disadvantages and market price anomalies. d. contribute customer experience value and conserve operating functionality. e. contribute to competitive assets and discontinue distinctive competencies.

Answers

A company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.

What is differentiation?

This is a process whereby organizations ensure that their product are recognized in the market space. The aim is to distinguish a company's product from competitors.

Hence, a company's value-creating activities can offer a competitive advantage by contributing to greater efficiency and lower costs and provide a basis for differentiation.

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A financial services company with insurance, investments, mortgages, and banking divisions is best characterized as having aMultiple Choicefunctional design.product structure.geographic structure.horizontal design.

Answers

A financial services company with insurance, investments, mortgages, and banking divisions is best characterized as having a product structure.

What is product structure?

Product structure can be defined as  structure that comprises of the different services a company or organization rendered or offers to their customers.

The financial services tend to offer different product or service within the company.

Therefore the correct option is B.

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What do we call written agreements among states that serve as the most important source of international law

Answers

Treaties are written agreements among states that serve as the most important source of international law.

What are Treaties?A formal, written agreement that is enforceable under international law is known as a treaty.It is often made by and between sovereign governments and international organizations, however, it can occasionally involve individuals, corporate bodies, and other kinds of legal persons. Among other names, a treaty is often referred to as a protocol, covenant, convention, pact, or exchange of letters on a global scale. International law, however, only classifies agreements as treaties if they are enforceable by all parties.The first recorded instance of a treaty is a border agreement between the Sumerian city-states of Lagash and Umma in the vicinity of 3100 BC. Treaties are among the earliest examples of international interactions.Most major civilizations utilized some kind of international agreement, and over the early modern age, both their sophistication and number increased.

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Departmental information for the four departments at Samoa Industries is provided below. Total Cost Cost Driver Square Feet Number of Employees Janitorial $150,000 Square footage serviced 200 40 Cafeteria 50,000 Number of employees 20,000 12 Cutting 1,125,000 4,000 120 Assembly 1,100,000 16,000 40 The Janitorial and Cafeteria departments are support departments. Samoa uses the sequential method to allocate support department costs, first allocating the costs from the Janitorial Department to the Cafeteria, Cutting, and Assembly departments. Question Content Area 1. Determine the dollar amount of the Janitorial Department costs to be allocated to the: a. Cafeteria Department $fill in the blank d3a3f7fe8044fdc_1 b. Cutting Department $fill in the blank d3a3f7fe8044fdc_2 c. Assembly Department $fill in the blank d3a3f7fe8044fdc_3 Question Content Area 2. Determine the dollar amount of the Cafeteria Department costs to be allocated to the: a. Cutting Department $fill in the blank e20147f63072f97_1 b. Assembly Department

Answers

The dollar amount of the Janitorial Department costs is $30,000 and $120,000 respectively while the dollar amount of the Cafeteria Department costs is $10,000 and $40,000.

Dollar amount of the Janitorial Department:

Cutting department:

= $150,000 X 4,000 / (4,000 + 16,000)

= $30,000

Assembly department:

= $150,000 X 16,000 / (4,000 + 16,000)

= $120,000

Dollar amount of the Cafeteria Department:

= $50,000 X 4,000 / (4,000 + 16,000)

= $10,000

Assembly department:

= $50,000 X 16,000 / (4,000 + 16,000)

= $40,000

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The emergency room fee related to an injury incurred by the Blairs' adult son, Eric, during a visit to their home. The Blairs graciously paid the bill; however, they provided no other support for Eric during the year. For 2022 Eric earned $18,000 as a self-employed house painter. Assuming the Blairs' adjusted gross income was $30,000, what amount of medical expenses can the Blairs deduct as an itemized deduction for 2022

Answers

The amount of medical expenses that the Blairs can deduct as an itemized deduction for 2022 will be $900.

How to calculate the amount?

From the given information, the total expenses was $3150 and there is an exceed of 7.5% if the adjusted gross income.

Therefore, the amount that will be deducted will be:

= $3150 - $2250

= $900

In conclusion, the correct option is $900.

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Sofia works for Galaxy Manufacturing Inc., where her team shares a machine and materials with another team that works a different shift. Each team is responsible for ensuring that the machine is in working order and the work area is fully stocked before handing it over to the other team at shift change. The two teams sharing a work space and machine is known as ________ interdependence. Group of answer choices complete pooled reciprocal sequential

Answers

The two teams sharing a work space and machine is known as sequential interdependence.

What is sequential interdependence?

Your team members depend on one another in predictable ways for the flow of information, tasks, and decisions when there is sequential interdependence.

It has the following features-

sequential interdependence is a type of task interdependence.The output of one person serves as the input for the following one in the chain. What the name implies is precisely that: sequential dependency. When one department or team must complete a task before another team can, it occurs.

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Changing the business task involves defining a new _____.

Answers

Changing the business task involves defining a new question or problem to be solved.

What is involved in changing business tasks?

The process of changing the business task involves these steps:

Assessment of what needs changingPreparation of the business for changeExecution of the changes.

It has been discovered that during the assessment step, customers and competitors should be coopted so that the results of data analysis can be properly verified.

Thus, changing the business task involves defining a new question or problem to be solved.

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The common denominator for decisions on service processes is _______, but for manufacturing processes it is _______

Answers

The common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.

What is a common denominator?

This refers to the feature that is shared by all members, item, quantity of a subject matter.

Hence, the common denominator for decisions on service processes is customer contact while but for manufacturing processes, it is product variety.

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7. If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income

Answers

Disclaimer

The question is incomplete and hence the correct question is shown below

Oslo Company prepared the following contribution format income statement based on a sales volume of 1,000 units (the relevant range of production is 500 units to 1,500 units):

Sales: $20,000    

Variable expenses: $12,000    

Contribution margin: $8,000    

Fixed expenses: $6,000

Net operating income: $2,000  

If the variable cost per unit increases by $1, spending on advertising increases by $1,150, and unit sales increase by 130 units, what would be the net operating income?

The net operating income is $860

Given the values for sales , variable expenses , contribution margin , fixed expenses and the net operating income

We know that

Sales: ((1150+130)=1180 units) * ($20,000/10)=$20) = $23,600

Variable Expenses: 1180 units * ($12,000/1000)+1) = $13) = $15,340

Contribution Margin (Sales - Variable Expenses): $8,260

Fixed Expense (Variable Expense - Contribution Margin): $7,400

Net Operating Income (Contribution  Margin - Fixed Expense): $860

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What are the goals when a government uses expansionary monetary policy? check all that apply.

Answers

The goals when a government uses expansionary monetary policy are

Increasing its money supply to boost the economy.Increasing its money supply to speed business expansion.Decreasing its interest rates to increase investment spending.

What is expansionary monetary policy?

This is when a government relax its control on the volume of money supply in an economy.  The purpose of the policy is to expand money supply and also lowers short-term interest rates.

It is to be noted that expansionary monetary policy is intended to promote more economic activity.

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N.B

Please see complete question below:

What are the goals when a government uses expansionary monetary policy? Check all that apply.

Increasing its money supply to boost the economy

Decreasing its money supply to slow the economy

Increasing its money supply to speed business expansion

Decreasing its money supply to curb business expansion

Decreasing its interest rates to increase investment spending

Answer:

A) increased available credit

C) increased money supply

F) decreased interest rate

Explanation:

got right

In the United States alone, $16 billion of products and services are traded every year without any money changing hands in a practice referred to as

Answers

In the United States alone, $16 billion of products and services are traded every year without any money changing hands in a practice referred to as Barter transactions account .

A barter exchange account is handled as an asset account and the revenue from bartering is treated as income in a typical journal entry. In the aforementioned scenario, barter income would be credited with $100 and the barter exchange account would be debited with $100.A barter exchange is a group of people or businesses that have decided to swap goods or services without taking payment in cash.Disadvantages are that bartering frequently requires much time and hassle and that goods are often not readily divisible, meaning that swapped goods have to be basically equal in value if a trade is to occur.

What are barter accounts?

A barter exchange operates as a broker and bank in which each participating member has an account that is debited when purchases are made, and credited when sales are made. Compared to one-to-one bartering, concerns over unequal exchanges are reduced in a barter exchange.

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Management estimates that 1% of the $100,000 of credit sales will be uncollectible. The Allowance for Doubtful Accounts has a $100 unadjusted debit balance. The adjusting entry to record estimated bad debts includes a ______. (Select all that apply.) Multiple select question. credit to Allowance for Doubtful Accounts of $1,100 debit to Bad Debt Expense of $900 Bad Debt Expense will show a negative (or credit) balance of $1,100 credit to Allowance for Doubtful Accounts of $1,000 credit to Allowance for Doubtful Accounts of $900 debit to Bad Debt Expense of $1,000

Answers

The Adjustment entry to record the estimated bad debts include debit to Bad Debt Expense of $900 and credit to Allowance for Doubtful Accounts of $900. Thus 2nd and 5th options are correct.

What is Bad debt?

Bad Debt refers to the amount of loan which cannot be recovered. It is an outstanding balance which is irrecoverable. Thus in simply words it means the amount which will not be paid by the customer.

According to the given question, The credit balance is $100  in Allowance for Doubtful Accounts.

The credit sales method a specific percentage of credit sales represent bad debts of the previous period. Thus the difference amount comes under Allowance for Doubtful Accounts.

Journal Entry for the estimated bad debts is as follows:

DR. BAD DEBT EXPENSE                                           $900

To CR. ALLOWANCE FOR DOUBTFUL ACCOUNTS                     $900

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Why do you need to know what your audience is thinking and feeling on their path-to-purchase with your organization

Answers

We may begin to develop material that speaks to the requirements of our audience if we are aware of their underlying motives and potential obstacles.

Why do you need to know what your audience  on their path-to-purchase?

Many manufacturers examine patron pride as a mirrored image of ways efficiently the enterprise is assembly patron expectations.

However, not withstanding the perception it could offer into the effect a commercial enterprise is making, patron pride by myself fails to offer perception into the fulfillment of a company’s patron enjoy strategy.  For example, a patron might be particularly glad however absolutely unmotivated to make extra purchases or propose the logo to others.

When you integrate patron pride with a broader strategy, to leverage emotional connection, you’re capable of compare how probable clients are to buy greater, propose greater, and continue to be dependable over time.

Our today's studies has determined that the clients of these days need manufacturers to construct an emotional reference to them and exhibit an know-how of ways they feel. More than 60% of clients need groups to care greater approximately them and say that they might purchase greater as a result.

Customer pride is a miles less complicated metric to degree than emotion. As defined in our manual to taking pictures patron emotion, even if clients try to describe how they feel, they won't completely recognize their very own subconscious emotional responses and be capable of as it should be describe their enjoy.  As a result, groups ought to leverage an omnichannel analytics platform to investigate the emotional connection a patron has together along with your commercial enterprise primarily based totally on records from throughout sources.

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31. If a company initially records the purchase of supplies to the supplies expende account, the mount of the adjusting entry made at the end of an accounting period will be equal to

Answers

We can actually deduce here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

What is accounting period?

An accounting period is actually known to be the period of time that a particular accounting function is covered. It can be a fiscal year, quarterly, monthly or even weekly.

We see here that the amount of the adjusting entry that was made at the end of an accounting period will be equal to the supplies on hand at the end of the period.

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Productivity in the service sector is difficult to measure because new technology adds to:

Answers

Productivity in the service sector is difficult to measure because new technology adds to quality of services provided.

What is productivity?

Productivity is defined as the efficient way of producing goods and services. Productivity occurs when the input to a system matches the output.

When technology is added to productivity, the service sector finds it difficult to measure due to the quality of the services provided

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The multiplier principle indicates that if business decision makers become more optimistic about the future and, as a result, increase their investment expenditures by $82 billion, real GDP a. will increase by more than $82 billion if the economy was initially operating at full-employment capacity. b. will decline if the marginal propensity to consume is less than 1. c. will increase by less than $82 billion if the economy was initially operating well below capacity. d. will increase by more than $82 billion if the economy was initially operating well below capacity.

Answers

From the multiplier principle if the business increases by 82 billion dollars they will increase by more than $82 billion if the economy was initially operating well below capacity. option d.

What is the multiplier principle?

The multiplier is the economic variable that when increased or changed would lead to changes in other economic factors.

If the business should have an increase of this amount then there should be a resultant increase of similar amount in the business.

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Many American consumers are replacing older versions of washing machines and dishwashers with water- and energy-saving models and to invest in phosphate-free laundry detergent and mercury-free and rechargeable batteries. These consumers

Answers

The American consumers using water and energy-saving models instead of older versions of washing machines are the consumers who are contributing to creating a greener environment.

Who are consumers?

Consumers are the individuals who acquire products for satisfying their wants and needs on a regular basis for consumption.

The replacement of older models of washing machines with energy and water-saving models and the investment in detergent powders with no phosphate content and batteries which can be reusable will eventually result in creating eco-friendly surroundings with lesser pollution.

Therefore, a greener environment is created by the consumers by doing the needed changes as explained above.

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(c) The price of widgets is $9. If the hardware store wants to increase its revenue, how should it change the price

Answers

The hardware store would have to trade up certain goods to get an increase on its revenue. Hence, for the hardware store to change the price, trade up is the option. Read below about trade up.

What is trade up?

Trading up means adding a higher-priced, higher-quality version of a product to the range, generally to increase sales of the lower-priced model through consumer association of its image with the more prestigious model.

Therefore, the means by which the hardware store can change the price or increase its revenue is by trade up.

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A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a: Group of answer choices corporate raider. takeover specialist. financial capitalist. venture capitalist.

Answers

A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a venture capitalist.

Who is a venture capitalist?

A venture capitalist is usually a high net worth individual or group of people who specialise in investing in small businesses.  They usually provide financial capital to small businesses in exchange for a percentage in ownership in the company.

Due to the fact the investing in small businesses is risky, the returns demanded by venture capitalist is usually high.

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The classified balance sheet will show which asset subsections?

Answers

Asset subsections of the classified balance sheet will show

Current assets.Long-term investments.Fixed assets (or Property, Plant, and Equipment)Intangible assets.

This is further explained below.

What is a balance sheet?

Generally, the balance sheet is simply defined as a record of the financial standing of a company or as of a certain date, including a breakdown of its assets, liabilities, and capital as well as a summary of its revenue and expenses during the prior accounting period.

In conclusion, Current assets, Long-term investments are some of the Asset subsections of the classified balance sheet

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David, a sales manager at Texel Inc., is known for his dominant behavior. He often disregards the suggestions of his team members and gets his own way at their expense. David's demeanor is an example of _____.

Answers

David, a sales manager at Texel Inc., is known for his dominant behavior. He often disregards the suggestions of his team members and gets his own way at their expense. David's demeanor is an example of aggressive behavior. This is further explained below.

What is aggressive behavior.?

Generally,  According to social psychology, the term "aggression" is used to characterize any action or act with the intent to do damage to another person, animal, or object.

In conclusion, Sales manager David of Texel Inc. is notorious for his aggressive demeanor. He often goes against the wishes of his teammates to accomplish his own goals. An aggressive attitude, such as David's, is exemplified by his actions.

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