Answer:
Please see solution below
Explanation:
Bank reconciliation as at June 31st.
•Bank statement balance
$25,800
Add:
Bank service charges
$100
NSF check
$600
Wrong drawn
$400
Total
$1,100
Adjusted bank balance
$26,900
Bank reconciliation as at June 31st.
•Cash book balance
$27,500
Add: outstanding checks
$5,600
Balance
$34,100
Less: deposit in transit
($6,200)
Adjusted book balance
$26,900
One month ago, Kyle made a goal to save $800 for a new video camera. The deadline is in seven months. He now has $110 saved. Evaluate his progress toward reaching his goal. Is Kyle on track to reach his goal? Yes or no?
Answer:
No, he will not reach his goal if he saves $110 per month.
Explanation:
Answer:
yes
Explanation:
What is the rule of positive self talk
Answer:
be positive i guess. like always see the good side in things.
Explanation:
Answer:
The rule of positive self talk is simple. Don't say anything to yourself that you wouldn't say to anyone else. Be gentle and encouraging with yourself. If a negative thought enters your mind, evaluate it rationally and respond with affirmations of what is good about you.
Explanation:
100 in edge2020
If an entrepreneur can establish a strong and trustworthy management team, then the
risk might be avoided.
O compliance
O financial
strategic
operational
Mark this and return
Ne
Answer:
operational
Explanation:
bc it is
If an entrepreneur can establish a strong and trustworthy management team, then the operational risk might be avoided. Thus option D is correct.
What is Team?When a group of people come together in an official setting and in a disciplined manner to achieve the common objective of business with individual roles and shared responsibilities representing teams.
A strong and trustworthy management team helps in better controlling and coordinating events which help to avoid operational risk and helps in producing efficient results with productivity.
The enforcement of laws safeguarding the environment and employees helps to reduce compliance risk, and building a stable number of clients helps in reducing financial risk.
Therefore, option D operational is appropriate.
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What is debt?
I have to put twenty characters. To ask this question.
Tamar Co. manufactures a single product in one department. All direct materials are added at the beginning of the manufacturing process. Conversion costs are added evenly throughout the process. During May, the company completed and transferred 23,500 units of product to finished goods inventory. Its 5,400 units of beginning work in process consisted of $17,300 of direct materials and $329,940 of conversion costs. It has 3,600 units (100% complete with respect to direct materials and 80% complete with respect to conversion) in process at month-end. During the month, $497,600 of direct material costs and $2,519,100 of conversion costs were charged to production.
Prepare the journal entry dated May 31 to transfer the cost of completed units to finished goods inventory. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar.)
Answer:
May 31, 202x, 23,500 units completed and transferred out
Dr Finished goods inventory 2,984,500
Cr Work in process 2,984,500
Explanation:
beginning WIP 5,400 units
materials $17,300
conversion $329,940
ending WIP 3,600 units
materials 100% complete
conversion 80% complete (2,880 EU)
units completed and transferred out 23,500
units started and completed 18,100
costs added during the period
materials $497,600
conversion $2,519,100
total costs
materials $514,900
conversion $2,849,040
total EU
materials 18,100 + 5,400 + 3,600 = 27,100
conversion 18,100 + 5,400 + 2,880 = 26,380
cost per EU
materials $514,900 / 27,100 = $19
conversion $2,849,040 / 26,380 = $108
total = $127
costs assigned to finished units = $127 x 23,500 = $2,984,500
An environmental lawyer is not part of the Energy cluster.
True or False for K12
Answer:
True
Explanation:
Lawyers belong to the Law, Public Safety, Corrections, and Security cluster. Work under this career cluster revolves around protecting citizens and their rights. Lawyers train and acquire university degree before training at the law school.
Lawyers may specialize in a specific area such as crime, tax, environment, and so many others. Other prominent job titles for lawyers include Attorney General, Associate Attorney, Attorney, Attorney at Law, General Counsel, and Partner.
7. Another example of opportunity cost is a company's cost of capital. Suppose a manufacturer wants to add
microwave ovens to its product line. To do this, it must invest $500,000 in new equipment.
Besides the original investment, the company estimates it would spend $200,000 per year on production
costs for labor and materials. It also estimates that it could sell about $225,000 worth of microwave ovens
each year. Would it benefit the company to manufacture the microwave ovens if it could earn 10 percent
interest by purchasing U.S. Treasury bonds with the $500,000? Explain your answer.
Answer:
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
Explanation:
alternative 1, build and sell microwave ovens:
initial outlay = $500,000
net cash flow per year = $225,000 - $200,000 = $25,000
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
Opportunity costs are the benefits lost or extra costs resulting from choosing one activity or investment over another.
If you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000 = -$25,000.
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000 = $25,000.
You should invest in US bonds because you will be able to earn a higher return than if you build and sell microwaves.
The calculation is as follows:alternative 1, build and sell microwave ovens:
initial outlay = $500,000
So,
net cash flow per year = $225,000 - $200,000 = $25,000
now
alternative 2, invest in US securities:
investment = $500,000
net cash flow per year = $500,000 x 10% = $50,000
In the case when you choose to build and sell microwaves, you will not be able to invest in bonds, and therefore, your net income will decrease by $25,000 - $50,000
= -$25,000.
Now
Instead, if you invest in bonds and not microwaves, your net income will increase by $50,000 - $25,000
= $25,000.
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Researchers conducted a study to determine the monthly rental cost of rent-controlled apartments in the five boroughs of New York City in 2012. The study randomly sampled 157 apartment records from the Bronx, obtained from a large collection of income- and expense-filing statements. The 95% confidence interval of rent-controlled apartment costs in the Bronx was $917.00 ± $22.10. The cost of all rent-controlled apartments in the Bronx has a standard deviation of $73.70. State the conclusion of the z-confidence interval for the mean. Researchers are certain that the interval ($894.90, $939.10) contains the mean.
Question Completion:
Researchers are ________certain that the interval ($876.28, $899.72) contains the mean monthly rental cost of _____. (
all rent-controlled apartments in New York City.
all rent-controlled apartments in Bronx.
the 157 apartments in the sample.
all apartments in Bronx)
Answer:
Researchers are ___95%_____certain that the interval ($876.28, $899.72) contains the mean monthly rental cost of _____.
all rent-controlled apartments in Bronx.
Explanation:
The 157 samples were from the Bronx, "obtained from a large collection of income- and expense-filing statements." The concentration of the study was on "rent-controlled apartments in the Bronx." So, the study or research is specific. Therefore, the generalization from its findings can only be specific to the Bronx borough of New York City and affecting only rent-controlled apartments.
Property can be transferred within the family group by gift or at death. One motivation for preferring the gift approach is: a. To take advantage of the per donee annual exclusion. b. To shift income to higher bracket donees. c. To take advantage of the higher unified transfer tax credit available under the gift tax. d. To avoid a future decline in value of the property transferred.
Answer: a. To take advantage of the per donee annual exclusion.
Explanation:
One motivation for preferring the gift method when transferring property within the family group by gift or at death is to take advantage of the per donee annual exclusion.
It should be noted that the annual exclusion is referred to as the amount of money that can be transferred from one individual to another individual as a gift and in this case, a gift tax won't be charged on such gift.
A job application is a form used to make a job request. (3 points)
True
False
Answer:
I would say it is True.
Explanation:
A job application form states your personal information
This is the experience curve for the fictional Motorcycle STICKER industry. The average slope is .167 meaning that for every doubling of output costs drop 83.3%. Xtreme Stickers Inc. just came out with a brand new product that is better than anything else in the industry. Even though we are talking abut stickers competitors cannot copy you very quickly. As the CEO of Xtreme Stickers Inc. you need to decide how to price your stickers. What pricing model will you choose?
Answer:
Aggressive Pricing Model
Explanation:
In a scenario such as this one, the best pricing model would be an aggressive pricing model. This is because due to the slope being 0.167 this means that the faster your business grows the lower prices you can charge for your product while still making the same profit margins. This is due to your output costs dropping by more than half as you grow. These lower prices also allow you to compete with the other industries in the market and outperform them drastically due to being able to charge a much lower price for the same product as the competition.
Suppose the rate of return on a 10-year T-bond is 5.00% and that on a 10-year Treasury Inflation Protected Security (TIP) is 2.10%. Suppose further that the expected average rate of inflation over the next 10 years is 2.0%, that the MRP on a 10-year T-bond is 0.9%, that no MRP is required on TIPs, and that no liquidity premiums are required on any T-bonds. Given this data, what is the real risk free rate of return, r*? Disregard cross-product terms, i.e., if averaging is required, use the arithmetic average.
Answer:
2.06%
Explanation:
in order to determine the real risk free rate of return we can use the following formula:
real risk free rate = [(1 + T-bond yield - T-bond maturity risk premium) / (1 + inflation rate)] -1
real risk free rate = [(1 + 5% - 0.9%) / (1 + 2%)] -1 = (1.041 / 1.02) - 1 = 1.0206 - 1 = 0.0206 = 2.06%
Describe the advantages that llc and S corporation‘s passed through entitles have relative to c-corporations
Answer:
Single-layer taxation
Explanation:
Limited liability companies and S corporations are able to pass through their income as the owner's income. "LLC and S corporations" are entities, unlike the C corporation.
Pass-through entities have a taxation advantage over non- pass-through entities. In tax computation, a pass-through entity passes its income or losses as those of its owners; hence the entity will not be subject to income tax. The business profits are treated as income to the owners, who will pay individual tax income. LLC and S corporation have only one layer of taxation.
A C corporation is subject to taxation as an independent entity. The directors have to file corporate tax returns on behalf of the business based on the company profits. The business profits are distributed to the shareholder as dividends. The shareholders have to pay tax on the dividend received as part of their income tax. The shareholders are double-taxed, as the business owners- corporate tax and as individuals - income tax. Double layer taxation.
To deal with a wartime economic crisis in 1779, Congress urged states to: a. seek loans from friendly European governments. b. allow the free market to operate without regulation. c. adopt measures to fix wages and prices. d. raise taxes on the wealthy. e. establish food banks to distribute food to the needy.
Answer:
C. adopt measures to fix wages and prices.
Explanation:
Between 1775 - 1783, the thirteen (13) colonies in Congress warred against the British because of its lack of colonial representation and the objection of the British to the direct taxation method introduced by the parliament. This war was known as the American revolutionary war or American war of independence.
Consequently, this war resulted in a deep economic crisis and inflation for the people of America.
To deal with this wartime economic crisis in 1779, Congress urged states to adopt measures to fix wages and prices such as refusal to issue continental dollars but resort to the issuing of tax adjustment notes, loan office certificates, warrants, quartermaster notes, etc.
The equation for the marginal productivity of capital is given by: MPK Superscript f = 1,000 minus 10K The price of a unit of capital is 1 comma 000. The rate of depreciation is: 5% per year. The real rate of interest is: 10% per year. If the existing level of capital Kt is equal to 50 units, what is the level of gross investment?
Answer:
The answer is "30 units".
Explanation:
[tex]\to MPk = 1,000 -10K\\\\\to price \ of \ capital(Pk) = 1,000\\\\\to depreciation \ rate = 5\% \ per \ year\\\\\to interest \ rate = 10\% \ per \ year\\[/tex]
Calculating the capital of UC:
[tex]\to (5 \% + 10\%) \times 1,000\\\\\to 15\% \times 1,000\\\\\to 0.15 \times 1,000\\\\\to 150\\\\\to UC=150[/tex]
Desired capital stock:
[tex]MPk = User \ cost\ of\ capital\\\\\to 1000 - 10K* = 150\\\\\to 10K* = 850\\\\\to K* = \frac{850}{10}\\\\\to K* =85 \\\\[/tex]
The capital stock is Kt = 50 units
The gross Investment formula:
[tex]\to It = K* - Kt \\\\[/tex]
[tex]= 85 -50\\\\ = 30 \ units[/tex]
The Howell Company has prepared a sales budget of 40 comma 000 finished units for a 3-month period. The company has an inventory of 11 comma 000 units of finished goods on hand at December 31 and has a target finished goods inventory of 13 comma 000 units at the end of the succeeding quarter. It takes 3 gallons of direct materials to make one unit of finished product. The company has inventory of 61 comma 000 gallons of direct materials at December 31 and has a target ending inventory of 58 comma 000 gallons at the end of the succeeding quarter. How many gallons of direct materials should Howell Company purchase during the 3 months ending March 31?
Answer:
Purchases= 123,000 gallons
Explanation:
Giving the following information:
Sales:
40,000 finished units for 3 months.
Finished goods inventory:
Beginning inventory= 11,000 units
Desired ending inventory= 13,000 units
It takes 3 gallons of direct materials to make one unit of finished product.
Direct material inventory:
Beginning inventory= 61,000 gallons
Desired ending invenyory= 58,000 gallons
First, we need to calculate the production for the period:
Production= sales + desired ending inventory - beginning inventory
Production= 40,000 + 13,000 - 11,000
Production= 42,000 units
Now, we can calculate the purchases:
Purchases= production + desired ending inventory - beginning inventory
Purchases= 42,000*3 + 58,000 - 61,000
Purchases= 123,000 gallons
Sparkling Water, Inc., expects to sell 3.7 million bottles of drinking water each year in perpetuity. This year each bottle will sell for $1.46 in real terms and will cost $.82 in real terms. Sales income and costs occur at year-end. Revenues will rise at a real rate of 1.7 percent annually, while real costs will rise at a real rate of .8 percent annually. The real discount rate is 5 percent. The corporate tax rate is 25 percent. What is the company worth today?
Answer:
approximately $65,238,286
Explanation:
gross profit year 0 = $2,368,000, after tax profit = $1,776,000
gross profit year 1 = [($1.46 x 1.017) - ($0.82 x 1.008)] x 3,700,000 = $2,435,562, after tax profit = $1,826,672
gross profit year 2 = [($1.46 x 1.017²) - ($0.82 x 1.008²)] x 3,700,000 = $2,540,491, after tax profit = $1,905,368
gross profit year 3 = [($1.46 x 1.017³) - ($0.82 x 1.008³)] x 3,700,000 = $2,574,812, after tax profit = $1,931,109
gross profit year 4 = $2,646,550, after tax profit = $1,984913
gross profit year 5 = $2,691,542, after tax profit = $2,018,657
gross profit year 6 = $2,737,298, after tax profit = $2,052,974
gross profit year 7 = $2,783,832, after tax profit = $2,087,368
gross profit year 8 = $2,831,157, after tax profit = $2,123,368
gross profit year 9 = $2,879,287, after tax profit = $2,159,465
gross profit year 10 = $2,928,535, after tax profit = $2,16,401
Using linear regression (using an excel spreadsheet and the data from the first 20 years), the slope of the constant growth line is 39,078x, which represents a $39,078/$1,776,000 = 2.2% growth rate
once we are able to determine an approximate constant growth rate, we can use the formula for the present value of a growing perpetuity:
company's value = NCF year 1 / (Re - g) = $1,826,672 / (5% - 2.2%) = $65,238,286
Lawn maintenance is an alternative energy source career.
A.
True
B.
False
Answer:
False
Explanation:
Lawn maintenance isn't
Answer:
The answer is false
Explanation:
Are any of y'all furries just wondering?
comment below :)
Answer:
Lol yep I’m a furry
Explanation:
Answer:
no
Explanation:
but there's no reason to be rude to them for just doing what they find fun :))
true or false losing inventory for the year ended 31 August 2018 will be closing inventory for the year ended 31 August 2019
true because they closed
Terry took out a mortgage loan for $60,000 at an interest rate of 11% for 25 years. If Terry had not had a bankruptcy
on her credit report, her payments could have been $424.07 per month. How much is Terry paying in additional
interest over the life of the loan?
a. $49.200.00
b. $2,272.36
c. $163.00
d. $56,809.00
Answer: A. 49,200
Explanation: Took test on Edge
Based on the fact that Terry had a bankruptcy, the additional interest she will pay over the life of the loan is a. $49,000
What is the current monthly amount Terry pays?This can be found by the formula:
Loan amount = Amount paid x ( 1 - ( 1 + rate) ^-number of periods) / rate
Rate is: Number of periods
= 11% / 12 months = 25 x 12
= 11/12% = 300 months
Amount is:
60,000 = Amount x ( 1 - ( 1 + 11/12%)⁻³⁰⁰) / 11/12%
60,000 = Amount x 102.029043745
Amount = 60,000 / 102.029043745
= $588.07
What is the additional interest Terry will pay?= (Amount Terry pays now - Amount Terry would have paid) x 300 months
= (588.07 - 424.07) x 300
= $49,200
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Which are costs of a college education? Check all that apply.
•tuition
•federal grants
•books and fees
•room and board
•student loan interest
•academic scholarships
-tuition (you need to pay for your education)
-books and fees (materials you need and other miscellaneous fees)
-room and board (you obviously need a place to stay while in college)
-student loan interest (if you opt to get a loan instead of paying for your tuition on the spot)
The cost for college education are tuition, books and fees, room and board, student loan interest.
What is a cost?A cost is the value of money that has been expended to create something or provide a service and is therefore no longer available for use in production, research, retail, and accounting. In the case of a purchase cost, the money spent on the acquisition is considered the cost. In this instance, money is the resource used to obtain the item.
The cost of a college education involves:
tuition - The fees we need to pay for our education.books and fees - The materials we need and other miscellaneous fees.room and board - We obviously need a place to stay while in college.student loan interest - If we opt to get a loan instead of paying for our tuition on the spot.Therefore, all the cost required for a college education is mentioned above.
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Which of the following is an example of an advertisement?
A.
A company newsletter
B.
A billboard
C.
A press release
D.
A news article about the company
Answer: B
Explanation:
just did it
A Billboard is an example of an advertisement. Option (b) is the correct answer to the question.
What is an Advertisement?Advertising is a type of communication that is intended to encourage an audience to do something, usually in relation to a commercial offering, like a good or a service that is being sold.
A billboard is a sizable outdoor advertising structure that is generally seen in high-traffic places, such as beside busy roadways. In the UK and many other countries, it is also known as hoarding. Large advertisements are shown on billboards for cars and pedestrians to see. Normally, businesses utilize billboards to promote new items or to strengthen their existing brands.
The largest ordinary-sized billboards command high-density consumer exposure and are typically found on major highways, expressways, or main arterial. Due to their size and the fact that they enable creative "customization" through extensions and embellishments, these provide the most visibility.
Therefore, Option (b) is correct.
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According to the U.S. Census Bureau, in 1950, 39.3 million families had a child under 18 at home. Suppose a recent study found that number had decreased by 9.3%. How many million families had a child under 18 at home according to this study? Round the number of millions to the nearest tenth.
Answer: 35.7 million
Explanation:
Number of families that have a child of under 18 at home = 39,300,000
Percentage decrease = 9.3% = 0.093
The number of families that had a child under 18 at home according to this study will be:
= 39.3 million - (39.3 million × 0.093)
= 39.3 million - 3.6549 million
= 35.6451 million
= 35.7 million
how do banks benefit of giving people loans
Answer: It all ties back to the fundamental way banks make money: Banks use depositors' money to make loans. The amount of interest the banks collect on the loans is greater than the amount of interest they pay to customers with savings accounts—and the difference is the banks' profit.
Explanation: Hopefully this helped!
A process for making financial decisions is called _____.
Answer:
ouybouybo
Explanation:
This software application can be used to organize, analyze, and illustrate data.
Answer:
its Excel :)
Explanation:
I learned abt it
Answer:
person above me
Explanation:
At her job of grooming horses, Polly Yaskovich worked 8 hours a day on Monday and Tuesday earning $67 each day. On Wednesday, she earned $82. On Thursday, she earned $78. How much must Polly earn on Friday, to have average earnings of $75 a day?
Answer:
Your answer is that she needs to earn $148 on Friday
Explanation:
Calculate Average:
(67 + 82 + 78) / 4 = 56.75 (Remember 67 is worth Monday and Tuesday)
We know that the number that the 4 numbers add up to has to be divisible by 5 because our we need to average 75 and we have 5 days to average on.
5 x 75 = 375
67 + 82 + 78 = 227
375 - 227 = 148
(67+82+78+148) / 5 = 75
Your answer is that she needs to earn $148 on Friday
How do management accountants help managers make business decisions?
Answer:
Relevant costs analysis
Audience targeting
Make or buy evaluations
Define Budgets
Explanation:
mark me brainlist plese
What are the accounting heads that appear on the credit side of the T accounts?
Liability,(blank), revenue, gains, and capital (equity) accounts have credit balances in the T account.
Answer:
capital(equalty)
Explanation: I think this is the answers?
