Stosch Company's balance sheet reported assets of $117,000, liabilities of $30,000 and common stock of $27,000 as of December 31, Year 1. If Retained Earnings on the balance sheet as of December 31, Year 2, amount to $78,000 and Stosch paid a $29,000 dividend during Year 2, then the amount of net income for Year 2 was which of the following?

a. $47,000
b. $60,000 $
c. 29,000
d. $18,000

Answers

Answer 1

Answer:

See below

Explanation:

With regards to the following, recall that;

Retained earning at end = Beginning retained earning + Net income - dividend earned

$78,000 = Net income - $29,000

Net income = $78,000 + $29,000

Net income = $107,000

Therefore, the net income for year 2 would be $107,000


Related Questions

Determine cost of goods sold for X-mart, assuming that beginning inventory was $5,000. Net purchases were $20,000 and ending inventory was $9,000. Multiple choice question. $16,000 $24,000 $20,000 $6,000 g

Answers

Answer:

$16,000

Explanation:

Beginning inventory is $5,000

Net purchases is $20,000

Ending inventory is $9,000

Therefore the cost of goods sold can be calculated as follows

= (5,000+20,000)-9,000

= 25,000-9,000

= 16,000

Hence the cost of goods sold is $16,000

Karev Company started Year 2 with a $500 balance in its Cash account, a $500 balance in its Supplies account and a $1,000 balance in its common stock account. During Year 2 the company experienced the following events. (1) Paid $334 cash to purchase supplies (2) Physical count revealed $211 of supplies on hand at the end of Year 2 Based on this information the amount of supplies reported on the Year 2 Balance Sheet is $_______________

Answers

Answer: $211

Explanation:

Based on the information given in the question, the amount of supplies reported on the Year 2 Balance Sheet will be $211.

The answer is $211 because that is the actual inventory that was given in the question and therefore should be the value that should be reported on the Year 2 balance sheet.

A Southeast Asian student, has come to the college counseling center to explore career options. As the counselor presents career options, the student makes little eye contact and does not actively respond to the many alternatives placed before him. It is safe to surmise that the student ______.

Answers

Answer:

The correct answer is - It is safe to surmise that the student does not seem interested in that career options or he/she does not understand what the people is talking.

Explanation:

The correct answer is - It is safe to surmise that the student does not seem interested in that career options or he/she does not understand what the people is talking.

Reason -

As the student is from southeast side , so it is possible that there is a language barrier. It is possible that the student is not understanding the language of the counselor.

And other possibility is that the student is not interested in that career option that the counselor is telling the student.

Career counselors assist persons who have inquiries about various occupations and educational options.

What is safe to be done as a career counselor?

The student makes little eye contact with the counselor while he discusses career prospects and does not aggressively respond to the many options presented to him.

It's acceptable to assume that the student isn't interested in that job path or that he or she doesn't grasp what the other people are saying.

For more information about career counselors, refer below

https://brainly.com/question/14496777

g Required information Skip to question [The following information applies to the questions displayed below.] The following events occur for The Underwood Corporation during 2021 and 2022, its first two years of operations. June 12, 2021 Provide services to customers on account for $32,000. September 17, 2021 Receive $17,500 from customers on account. December 31, 2021 Estimate that 45% of accounts receivable at the end of the year will not be received. March 4, 2022 Provide services to customers on account for $47,000. May 20, 2022 Receive $10,000 from customers for services provided in 2021. July 2, 2022 Write off the remaining amounts owed from services provided in 2021. October 19, 2022 Receive $37,500 from customers for services provided in 2022. December 31, 2022 Estimate that 45% of accounts receivable at the end of the year will not be received. 3. Calculate net accounts receivable at the end of 2021 and 2022.

Answers

Answer:

The Underwood Corporation

Net Accounts Receivable:

2021 = $7,975 ($14,500 - $6,525)

2022: = $3,200 ($9,500 - $6,300)

Explanation:

a) Data and Calculations:

Accounts Receivable during year 2021 = $32,000

September 17, 2021 Cash received            (17,500)

December 31, 2021 Balance =                   $14,500

March 4, 2022 Services on account =       47,000

May 20, 2022 Cash received                    (10,000)

Bad Debts written off                                   (4,500)

October 19, 2022 Cash received              (37,500)

December 31, 2022 Balance =                   $9,500

Allowance for Doubtful Accounts

December 31, 2021  = $6,525 ($14,500 * 45%)

Bad Debts written off   (4,500)

December 31, 2022 = $4,275 ($9,500 * 45%)

December 31 Balance $6,300

b) The net accounts receivable is equal to the Balance of the Accounts Receivable minus the Allowance for Doubtful Accounts (all at December 31) for each year.

An incomplete subsidiary ledger of materials inventory for May is as follows:
RECEIVED ISSUED BALANCE
Receiving Materials
Report Unit Requisition Unit
Number Quantity Price Number Quantity Amount Date Quantity Price Amount
May 1 285 $30.00 $8,550
40 130 $32.00 May 4
91 365 May 10
44 110 38.00 May 21
97 100 May 27
Required:
A. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO.
B. Determine the materials inventory balance at the end of May.
C. Journalize the summary entry on May 31 to transfer materials to work in process. Refer to the Chart of Accounts for exact wording of account titles.
D. Explain how the materials ledger might be used as an aid in maintaining inventory quantities on hand.
Chart of Accounts
CHART OF ACCOUNTS
General Ledger
ASSETS
110 Cash
121 Accounts Receivable
125 Notes Receivable
126 Interest Receivable
131 Materials
132 Work in Process
133 Factory Overhead
134 Finished Goods
141 Supplies
142 Prepaid Insurance
143 Prepaid Expenses
181 Land
191 Factory
192 Accumulated Depreciation-Factory
LIABILITIES
210 Accounts Payable
221 Utilities Payable
231 Notes Payable
236 Interest Payable
241 Lease Payable
251 Wages Payable
252 Consultant Fees Payable
EQUITY
311 Common Stock
340 Retained Earnings
351 Dividends
390 Income Summary
REVENUE
410 Sales
610 Interest Revenue
EXPENSES
510 Cost of Goods Sold
520 Wages Expense
531 Selling Expenses
532 Insurance Expense
533 Utilities Expense
534 Office Supplies Expense
540 Administrative Expenses
560 Depreciation Expense-Factory
590 Miscellaneous Expense
710 Interest Expense
Materials Inventory
Shaded cells have feedback.
A. Complete the materials issuances and balances for the materials subsidiary ledger under FIFO.
RECEIVED
ISSUED
BALANCE
Receiving Materials
Report Unit Requisition
Number Quantity Price Number Quantity Amount Date Quantity Unit Price Amount
May 1 285 $30.00 $8,550
40 130 $32 May 4
91 365 May 10
44 110 38 May 21
97 100 May 27
Points:
12 / 20
B. Determine the materials inventory balance at the end of May.
Points:
0 / 1
Feedback
Check My Work
A and B. Calculate the amount of each materials issue, using FIFO. In the Balance section, separate each different unit price and its quantity.
Journal
Shaded cells have feedback.
C. Journalize the summary entry on May 31 to transfer materials to work in process. Refer to the Chart of Accounts for exact wording of account titles.
How does grading work?
PAGE 10
JOURNAL
C. Increase work in process and decrease materials for the total of issuances found in Req. A.
Final Question
Shaded cells have feedback.
D. Explain how the materials ledger might be used as an aid in maintaining inventory quantities on hand.
Comparingquantities on hand as reported in the materials ledger with predetermined order points enables management to order materials beforea lack of materials causes idle time.

Answers

Answer:

An incomplete subsidiary ledger of materials inventory for May is as follows:

A. Materials Issuances and balances for the materials subsidiary ledger under FIFO:

RECEIVED                                ISSUED                            BALANCE

Receiving            Materials      

Report             Unit   Requisition     Unit  

Number Qty Price  Number   Qty  Amount  Date    Qty    Price     Amount

                                                                         May 1   285  $30.00   $8,550

40         130 $32.00              May 4   415                 $12,710

                                      91       365                 May 10 50 $32.00     $1,600

44         110   38.00              May 21 160                 $5,780

                                     97       100                  May 27  60 $38.00    $2,280

B. The materials inventory balance at the end of May is 60 units at $2,280.

C. Debit Work in Process $14,610

Credit Materials $14,610

To record the transfer of materials to work in process.

D. The materials ledger shows the quantities and costs of materials remaining at any point in time.  It also indicates the dates for all related transactions.  With the quantities of materials received in and issued out and the balances indicated clearly, it is possible to ensure that a required level of inventory remains in stock and to place orders at the right time.

Explanation:

a) Raw materials Inventory Issuance:

Quantity issued = 365

Cost of units issued on May 10 =    $11,110 ($12,710 - 1,600)

Cost of units issued on May 27 = $3,500 ($5,780 - 2,280)

Total cost of units issued out   =  $14,610

Owens Corning has total assets of $800,000, long-term debt of $240,000, stockholders' equity of $350,000, and current liabilities of $210,000. The dividend payout ratio is 30 percent and the profit margin is 8 percent. Assume all assets and current liabilities change spontaneously with sales and the firm is currently operating at full capacity. What is the external financing need (EFN) if the current sales of $1,000,000 are projected to increase by 20 percent

Answers

Answer:

$50,800

Explanation:

Increase in assets = Current Assets * Percentage change in sales = $800,000 * 20% = $160,000

Increase in current liabilities = Current liabilities * Percentage change in sales = $210,000 * 20% = $42,000

Increase in retaned earning = Increased sales*Profit Margin*Retention ratio = $1,000,000*120%*8%*(1-0.30) = $67,200

External financing need = Increase in Assets - Increase in liabilities - Increase in retained earning

External financing need = $160,000 - $42,000 - $67,200

External financing need = $50,800

ABC Co. has an average collection period of 45 days and an operating cycle of 130 days. It has a policy of keeping at least $10 on hand as a minimum cash balance, and has a beginning cash balance for the first quarter of $10. Beginning receivables for the quarter amount to $35. Sales for the first and second quarters are expected to be $110 and $125, respectively, while purchases amount to 80% of the next quarter's forecast sales. The accounts payable period is 90 days. What is the ending cash balance for the first quarter

Answers

Answer:

hile purchases amount to 80% of the next quarter's forecast sales. The accounts payable period is 90 days. What is the ending cash balance for the first quarterResearch about Alexander Hamilton Maria Reynolds Scandal.Djiboli Rapper is bad, followed by its level and its intention.

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After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only person voting for you. The company has 405,000 shares outstanding, and the stock currently sells for $46, If there are four seats in the current election, how much will it cost you to buy a seat if the company uses cumulative voting

Answers

Answer:

$3,726,046

Explanation:

Calculation for how much will it cost you to buy a seat if the company uses cumulative voting

Cumulative voting seat cost = 46 ×{[405,000/(4 + 1)] + 1}

Cumulative voting seat cost=46×[(405,000/5)+1]

Cumulative voting seat cost=46×81,001

Cumulative voting seat cost= $3,726,046

Therefore how much will it cost you to buy a seat if the company uses cumulative voting is $3,726,046

In a recent benefit-cost analysis of a proposed regulation that generated positive net benefits in the present but negative net benefits in the future, the government used a 5% social discount rate. If it had instead used a 7% social discount rate, the net present value of the policy would have been ______; if it had used a 10% social discount rate, the net present value would have been ______.

Answers

Answer:

A) Lower; lower

Explanation:

Here are the options of this question :

A) Lower; lower B) Lower; higher C) Higher; lower D) Higher; higher

Net present value is the present value of after-tax cash flows from an investment less the amount invested.

The lower the the discount rate, the higher the NPV and the discount the interest rate, the lower the NPV

7% and 10% are both higher than 5% so NPV would be lower in both instances

Let us USE an example

Cash flow in year 0 = $-10,000

Cash flow in year 1 and 2 = 100,000

NPV when discount rate is 5% = $262,324.48

NPV when discount rate is 7% = $252431.60

NPV when discount rate is 10% = $238,685.20

We can see NPV was highest when discount rate is 5%

To find the NPV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

The correct statement is that the net present value of the policy would have been lower at a 7% discount rate, and also it would be lower at a 10% discount rate.

Cost benefit analysis can be used to calculate the net present value of a policy that is proposed to be adopted and at such rate whether such adoption is beneficial or not.

Cost Benefit Analysis

Cost benefit analysis is referred to as a method of analysis of costs that are borne by an organization and the predicted projections when applied are sensible to be adopted or not.

It is observed that the normal discount rate of the policy is 5% and hence when the government adopts a slightly higher discount rate of 7 and 10 percent the NPV will ultimately be lower.

Hence, using the basic implications of cost-benefit analysis, it can be concluded that the net present values of the policies will be lower at discount rates of 7 and 10 percent respectively.

Learn more about cost benefit analysis here:

https://brainly.com/question/885073

RentAPhone is a new service company that provides European mobile phones to American visitors to Europe. The company currently has 80 phones available at Charles de Gaulle Airport in Paris. There are, on average, 25 customers per day requesting a phone. These requests arrive uniformly throughout the 24 hours the store is open. The corresponding coefficient of variation is 1.
Customers keep their phones on average 72 hours. The standard deviation of this time is 100 hours. Given that RentAPhone currently does not have a competitor in France providing equally good service, customers are willing to wait for the telephones. Yet, during the waiting period, customers are provided a free calling card. Based on prior experience, RentAPhone found that the company incurred a cost of $1 per hour per waiting customer, independent of day or night.
a. What is the average number of telephones the company has in its store?
b. How long does a customer, on average, have to wait for the phone?
c. What are the total monthly (30 days) expenses for telephone cards?
d. Assume RentAPhone could buy additional phones at $1,000 per unit. Is it worth it to buy one additional phone? Why?
e. How would waiting time change if the company decides to limit all rentals to exactly 72 hours? Assume that if such a restriction is imposed, the number of customers requesting a phone would be reduced to 20 customers per day.

Answers

Answer:

Answer:- m = 80

a = 24 hours / 25 customers = 0.96 hours

p = 72 hours

u = p/(m x a) = 72 /(80×0.96)=0.9375

On average 93.75% of the phones are in use. 0.9375 x 80 = 75 phones are in use. Thus, 5 phones are available on average.

From above it is clear that 93.75%% of total phones are in use therefore total number of cell phones in use = 0.9375*80=75

So only 5 phones are available.

Answer:- CVa =1, CVp = 100/72 = 1.3889

Tq =( 72/80*[(0.9375 √2*80+1)-1]/(1-0.9375) * (12+1.88892)/2) = 9.89 hour

Thus average waiting time = 9.89 hours

Explanation:

Answer:- m = 80

a = 24 hours / 25 customers = 0.96 hours

p = 72 hours

u = p/(m x a) = 72 /(80×0.96)=0.9375

On average 93.75% of the phones are in use. 0.9375 x 80 = 75 phones are in use. Thus, 5 phones are available on average.

From above it is clear that 93.75%% of total phones are in use therefore total number of cell phones in use = 0.9375*80=75

So only 5 phones are available.

Answer:- CVa =1, CVp = 100/72 = 1.3889

Tq =( 72/80*[(0.9375 √2*80+1)-1]/(1-0.9375) * (12+1.88892)/2) = 9.89 hour

Thus average waiting time = 9.89 hours

Quickbooks Online. IRS guidelines require specific information to substantiate deductible automobile expenses. Which 3 items are included in the substantiation requirements?

Answers

Answer:

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

Explanation:

IRS guidelines available for automobile

deductible is that if one is using his cat for business purposes, the entire cost of ownership as well as operation can be deducted. But if the car is for business and personal purposes, the cost for the business use can be deducted.

The three items that are are included in the substantiation requirements are;

✓Vehicle type

✓date placed in service

✓total mileage (including business, commuting and personal)

During December, the production department of a process operations system completed and transferred to finished goods a total of 66,000 units of product. At the end of December, 12,000 additional units were in process in the production department and were 50% complete with respect to materials. The beginning inventory included materials cost of $60,800 and the production department incurred direct materials cost of $192,900 during December. Compute the direct materials cost per equivalent unit for the department using the weighted-average method.

Answers

Answer:

Direct materials cost per equivalent unit is $3.25

Explanation:

The computation of the direct material cost per equivalent cost is shown below:

Completed and transferred to finished goods  66,000 units  

Equivalent number of additional units in process 12000 units

Beginning inventory material cost $60,800

Direct material cost incurred $192,900

Total direct material cost $253,700

ANd, the total units is 78,000

So,  

Direct materials cost per equivalent unit is $3.25

Identify the items/accounts from the following list that are likely to serve as source documents. (You may select more than one answer.
a. Sales ticket
b. Trial balance
c. Balance sheet
d. Telephone bill
e. Invoice from supplier
f. Company revenue account
g. Income statement
h. Bank statement
i. Prepaid insurance

Answers

Answer:

Sales ticket, Telephone bill, Invoice from supplier and Bank statement

Explanation:

Source documents are used as source of information for accounting entries that can be either electronic or paper form. It is the original document which contains the details of a business transactions. It is the source to record accounting transactions. Usually it contains 'Names of the parties involved, Amounts, the date and substance of the transaction'. Simply for the auditor it serves as an evidence to accounting transactions and for the company it serves as a proof.

Source documents:

Sales tickets, it is the evidence to sales revenue

Telephone bill, it is the evidence to telephone expense

invoice from supplier, it is the evidence to purchases

Bank statement, it is the evidence to 'bank charges like interest expense, interest income.

Retained earnings, December 31, 2019 $315,450
Decrease in total liabilities during 2019 68,700
Gain on the sale of buildings during 2019 24,150
Dividends declared and paid in 2019 6,750
Proceeds from sale of common stock in 2019 74,100
Net income for the year ended December 31, 2019 33,900

Required:
From the above data, calculate the retained earnings balance as of December 31, 2018. (Enter decreases with a minus sign to indicate a negative financial statement effect.)

Answers

Answer:

See below

Explanation:

Ending retained earnings = Beginning retained earnings + net profit - dividend

$315,450 = Beginning retained earnings + $33,900 - $6,750

Beginning retained earnings = $288,300

Therefore, retained earning balance is $288,300

Journalizing Transactions and Adjusting Accounts Deluxe Building Services offers custodial services on both a contract basis and an hourly basis. On January 1, 2019, Deluxe collected $20,100 in advance on a six-month contract for work to be performed evenly during the next six months. Assume that Deluxe closes its books and issues financial reports on a monthly basis. a. Prepare the entry on January 1 to record the receipt of $20,100 cash for contract work (1) using the financial statements effect template and (2) in journal entry form. b. Prepare the adjusting entry to be made on January 31, 2019, for the contract work done during January (1) using the financial statements effect template and (2) in journal entry form. c. At January 31, a total of 30 hours of hourly rate custodial work was unbilled. The billing rate is $19 per hour. Prepare the adjusting entry needed on January 31, 2019, (1) using the financial statements effect template and (2) in journal entry form. (The firm uses the account Fees Receivable to reflect amounts due but not yet billed).'

Answers

Answer:

Jan.1

Dr Cash $20,100

Cr Unearned Service Revenue $20,100

Jan.31

Dr Unearned Service Revenue $3350

Cr Service Revenue $3350

Jan.31

Dr Account Fees Receivable $ 570

Cr Service Revenue $ 570

Explanation:

Preparation of the adjusting entry

Journal Entries

Jan.1

Dr Cash $20,100

Cr Unearned Service Revenue $20,100

(Being To record 6 month contract)

Jan.31

Dr Unearned Service Revenue $3350 ($20,100*1/6)

Cr Service Revenue $3350

(Being To record january service fees earned on contract)

Jan.31

Dr Account Fees Receivable $ 570 (30*19)

Cr Service Revenue $ 570

(Being To record unbilled service fees at January 31)

The Darwin Company reports the following information that occurred during the current period: Sales commissions expense $15,600 Administrative office supplies 7,300 Depreciation on factory equipment 4,700 Indirect factory labor 5,900 Direct labor 10,500 Factory rent 4,200 Factory utilities 1,200 Sales 76,500 Administrative Office salaries expense 8,900 Indirect materials used 1,200 Manufacturing Overhead applied 17,200 Using the information provided above for Darwin Company, calculate the total costs that will be expensed when incurred on the income statement for the period:'

Answers

Answer:

$31,800

Explanation:

All Non Manufacturing expenses are treated as Period costs. Period Costs are expensed in Income Statement.

Calculation of Total Period Costs

Sales commissions expense                            $15,600

Administrative office supplies                            $7,300

Administrative Office salaries expense            $8,900

Total                                                                   $31,800

Conclusion

The total costs that will be expensed when incurred on the income statement for the period is $31,800.

1. Identify a research problem in your study area and coin topic based on the problem.

Answers

The correct answer to this open question is the following.

The research problem in my study area is the way industries and corporations are affecting climate change. The specific topic based on this problem is "How modern industries are impacting the environment."

I come up with this topic because it really concerns me.

Up until today, most companies and corporations' approach has been to earn money at all costs. However, the planet is suffering the consequences of over-exploiting raw materials and natural resources, directly impacting the environment.

Air pollution, water pollution, noise pollution, water scarcity, weather changes affection farming and the production of food, lack of rain in some parts of the planet, excessive storms in other parts of the globe, earthquakes, constant volcanic explosions, are some of the consequences of this irresponsible way of overexploiting raw materials that have seriously impacted our environment.

The invitation for the next generation of businessmen would be for a better form of Capitalism, focused on restoring some of the resources that have been exploited, and taking into consideration the employee's situations in the workplace. It is fine to think about getting rich. But no more at all costs.

Getting rich, yes. But now, thinking about practical ways to give back and taking care of planet Earth, and helping workers and employees to really prosper and grow.

Home Building Inc. (HBI) seeks to schedule manual labor for 18 new homes being constructed. Historical data leads HBI to apply a 92% learning curve rate to the manual labor portions of the project. If the first home requires 3500 manual labor hours to build, estimate the time required to build (a) the fifth house, (b) the tenth house, (c) all 18 houses. What would the manual labor estimate be for all 18 of the HBI houses in the problem above if the learning curve rate is

Answers

Answer:

Follows are the solution to the given points:

Explanation:

For point a:

Using the cumulative mean method of Wright here:

Learning Rate [tex]= 92\%[/tex]

Thus the [tex]b = \frac{\log(0.92)}{\log(2)} = -0.12[/tex]

So the first home has 3,500 manual operating times, that'll be the equation.

[tex]Y=3500 X^{(-0.12)}[/tex]

At which Y = average cumulative time per unit and X was its amount of production models

Cumulative total X unit moment[tex]= X \timesY = 3500\times X^{(1-0.12)} = 3500\times X^{0.88}[/tex]

The 5th house must be X=4 and X=5, and therefore necessary time is:

[tex]= 3500 \times (5)^{0.88} - 3500\times (4)^{0.88} = 2572.1 \text{manual hours}[/tex]

For point b:

For house 10, differentiate between X=9 and X=10, so time = 2351 hours of labor.

For point c:

X=18, consequently time = 44,535.6 hours in all 18 houses

For point d:

Please find the attached file.

Question 1 of 10
A. is a measure of change in the prices of goods from one period to
another
A. sanction
B. quota
оо O
C. price index
D. subsidy
SUBMIT

Answers

Price index is a measure of change in the prices of goods from one period to another. Thus, the correct option is C). price index

What is the significance of price index?

Price Index refers to the index number that expresses the different level of price of the product in respect to the level of the prices of the same commodities during a base period that is chosen casually and specify the prices level in different period of time.

Price index is used to indicate changes in the level of prices from one period to another. It is a corresponding average of price relatives for a given category of goods or services in a given range, during a given period of time.

The percentage change in the price index and level from one period to another is determined by the inflation.

Learn more about price index here:-

https://brainly.com/question/15346151

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marketing begins with and ends with the consumer​

Answers

When u market a product it should appeal to the customer and should be with his reach

Imagine that after completing your economics course (you get an A, of course) you are at a family gathering. Your grandmother asks you about a news story she read this morning. The story explained that when the government adjusts Social Security payments for inflation, it generally uses the CPI-W, which is the Consumer Price Index for Urban Wage Earners and Clerical Workers. Because senior citizens spend a lot more than average on medical care, adjustments to their Social Security payments are not keeping up with their cost of living.
Last year I received $15,000 per year from the government. The story said that the CPI increased from 144 to 162. How much will I get this year?

Answers

Answer:

$16,875

Explanation:

The amount received per year is $15,000 and the CPI increased from 144 to 162

Inflation rate = (New CPI - Old CPI)/Old CPI * 100

Inflation rate = 162-144/144 * 100

Inflation rate = 0.125

Inflation rate = 12.5%

Amount received = $15,000 * 12.5% = $1,875

==> $15,000 + $1,875 = $16,875

So, Grandmother will receive $16,875

What does this part of the safety manual specifically indicate about workplace safety? Providing proper safety gear is a priority for this business. This company stresses the importance of using tools correctly. This company has set up regular inspection checks for all equipment. Employees receive training on the use of all equipment at this warehouse.

Answers

Answer:

b

Explanation:

Answer:

B. This company stresses the importance of using tools correctly.

Explanation:

Happy holidays! Right on ED2021, goodluck!

Based on the graphic what advantage does this 401(k) have over other types of investments

Answers

Answer:

I think the answer is C It guarantees employees a return on their investments because of company match

What would you add to Maslow's pyramid.Why?

Answers

Answer:

status/esteem

affiliation

self-protection

Explanation:

Rubin, a freelance software developer, has a meeting with an independent bakery owner to discuss a potential project. Before meeting with the client, Rubin does a thorough research on the client's business and the client's educational background. He develops his proposal accordingly, ensuring to use common words instead of technical jargon. In the given scenario, which of the following communication guidelines does Rubin follow?
A) Avoid bias.
B) Avoid the use of slang.
C) Be concise.
D) Analyze your audience.

Answers

Answer:

d

Explanation:

Communication encompasses all the processes of transmitting information from one person to another.

In order to effectively communicate, one must analyse their audience to ensure that the message is effectively communicated.

The transactions carried out by BTS Corporation during the year caused an increase in total assets of $150,000 and a decrease in total liabilities of $60,000. If no additional investment was made by the investors during the year and dividends of $42,000 were paid, what was the net income for the year?

Answers

Answer:

21

Explanation:69

Text written for advertising and marketing campaigns is referred to as o content. context O copy o collateral​

Answers

Answer:

always be it and never fail

Explanation:

On April 15 of the current year, a fire destroyed half of the uninsured ending inventory of a retail store. The following data are available: Sales, January 1 through April 15 $480,000 Inventory, January 1 80,000 Purchases, January 1 through April 15 400,000 Markup on cost 25% The amount of the ending inventory before the fire is

Answers

Answer:

$96,000

Explanation:

Particulars                                    Amount

Opening inventory on 1st Jan    $80,000

ADD: Purchases made               $400,000

LESS: Cost of good sold            $384,000

Closing inventory                       $96,000

Workings

Sales                                            480,000

Less: Mark up 480000*25/125  96,000

Cost of goods sold                    $384,000

Discuss how one might use business analytics in their personal life. Select all that apply. A. A store might keep track of inventory and use it to decide what items are in demand. B. A reporter could analyze social media posts to see what types of people are more likely to share unverified news stories. C. An automobile owner can predict when the next maintenance will be due by recording things such as the miles driven and gas mileage. This would help them budget accordingly. D. A golf player might use statistics to help to diagnose problems and improve their game.

Answers

Answer:

A. A store might keep track of inventory and use it to decide what items are in demand.

C. An automobile owner can predict when the next maintenance will be due by recording things such as the miles driven and gas mileage.

Explanation:

Business analytics is an important tool which enables the user to record and keep track of business activities. The analysis of the recorded transactions in business will enable the user to predict about the future activities. An automobile owner can predict the maintenance due by keeping track of mileage. Store keeper may keep track of inventory usage.

Lucido Products markets two computer games: Claimjumper and Makeover. A contribution format income statement for a recent month for the two games appears below: Claimjumper Makeover Total Sales $ 112,000 $ 56,000 $ 168,000 Variable expenses 34,600 7,400 42,000 Contribution margin $ 77,400 $ 48,600 126,000 Fixed expenses 86,850 Net operating income $ 39,150 Required: 1. What is the overall contribution margin (CM) ratio for the company

Answers

The overall contribution margin ratio can be computed as follows:

Overall CM ratio = Total contribution margin/Total sales

= $141,600/177000= 80%
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