List and explain four costs and risks of holding little inventory

          Receivables, loans, or other debts with essentially zero prospect of being paid off are considered accounts uncollectible. A debt may become uncollectible for a variety of reasons, such as the debtor's bankruptcy, an inability to locate the debtor, the debtor's fraud, or a lack of adequate documents to support the existence of the debt.

        A T-account for accounts receivable keeps track of the total amount owed by all of a company's clients. The expected amount that will eventually need to be written off as uncollectible is reflected in a second account (often known as the allowance for doubtful accounts or the provision for uncollectible accounts).

     2% of net credit sales are represented by the uncollectible accounts expense balance. When the net-sales approach is applied, the balance in this account will always be a function of a predetermined percentage of credit sales.

Example

     Bicycle parts are offered for purchase at Joey's Bike Shop. Despite making most of its transactions in cash, it also does a sizable number of credit sales. In its first year of business in 2018, Joey's Bike Shop encountered the following:

Sales on account = $271400

Cash sales  =623.100

Collections of accounts receivable = 257.830

Uncollectible accounts charged off during the year =1335

Account Receivable = 12 215

Uncollectible account expense = 2714.

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The source is used to meet emergency expense - Taking money from your savings account

What is emergency expense?
An emergency expense is a savings account that is used in times of personal financial distress. Events such as job loss, illness, or a recession are instances of when many people would require the use of their emergency expense to survive. As a result, the primary goal of the fund is to cover unexpected emergency expenses. As a result, there is less need to borrow at high interest rates or use one's retirement funds. Many financial advisors believe that an emergency fund ought to be able to cover up to 3-6 months of total costs.

Therefore, the correct option is A
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Entities that place their own shelving in stores and continuously stock the shelves are known as rack jobbers.

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False. The receiver cannot be certain that there have been no bit errors. This is due to the way the checksum for the packet is calculated.

A checksum is a small-sized block of data derived from another block of digital data in order to detect errors introduced during transmission or storage. Checksums are frequently used to verify data integrity but are not used to verify data authenticity.

A checksum function or checksum algorithm is the procedure that generates this checksum. A good checksum algorithm usually outputs a significantly different value depending on its design goals, even for minor changes to the input.

This is especially true of cryptographic hash functions, which can be used to detect many data corruption errors and verify overall data integrity; if the computed checksum for the current data input matches the stored value of a previously computed checksum, there is a very good chance the data was not accidentally altered or corrupted.

Hash functions, fingerprints, randomization functions, and cryptographic hash functions are all related to checksum functions.

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The claimable insurance  amount is $11,079.55

Given data in the problem

[120,000/(.80*176,000)] *13,000 = $11,079.55

The value of the home = $176,000

The insured amount of the house = $120,000

80% coinsurance provision = 0.8 × $176,000 = $ 140,800

Claimed amount = $11079.55

hence, the amount the insurance company will pay = $11,079.55

The quantity of coverage charges charged via way of means of the coverage corporations is decided via way of means of records and mathematical calculations performed via way of means of the underwriting branch of the coverage company. The stage of coverage top class charged to a client relies upon on statistics that exists approximately lifestyles history, age and health.

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The most Terrance may write off for investment interest costs in 2019

is $14000.

Given

Terrance, a lone professional, provided the following financial information for the year ended December 31, 2020:

Net investment income from taxable interest, $14,000 in additional costs not connected to interest generation, and borrowing money in 2018 to buy stocks and bonds resulted in investment interest costs of $6,000 and $15,000, respectively.

Calculation of the maximum investment interest expense that Terrance may deduct in 2020:

Interest costs may be deducted in full.

Amount of investment expenses up to the maximum allowed by total net investment income

The difference between net investment income and expense for the year is $14,000 ($15,000 + $6,000).

Therefore,

The maximum deduction is allowed in 2020.

= $14000

Hence the total amount of investment interest is = $14000

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Common tasks that are performed by reporters and correspondents are developing stories ideas, correcting content errors etc. Therefor the correct options are- (b), (d), (e) and (f).

The tasks performed by reporters and correspondents are-

A reporter is a person who produces news stories for transmission or publishes news articles. Reporters mainly report news by covering the area where incident is happening, sometime from office or sometime groundwork.

When reporting from a remote, occasionally distant area, a correspondent or on-the-scene reporter is typically a reporter or commentator for a journal, or an agent who provides information to a newspaper, TV or radio news, or perhaps another type of firm. Correspondents generally do off-camera work for the newspaper or news channel.

The complete question is here:

Note that common tasks are listed toward the top, and less common tasks are listed toward the bottom. according to o*net, what are common tasks performed by reporters and correspondents? Check all that apply

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When a company is starting up, it likely needs to borrow startup funds. a key advantage of borrowing from global capital markets is that it lower's the borrowers cost of capital.

  The cost of capital is the minimum return a business must achieve to be able to justify investing in a capital budgeting project, like constructing a new factory.

    Analysts and investors refer to cost of capital, but it is always an assessment of whether the costs associated with a planned choice can be justified. A comparison of an investment's prospective return to its cost and hazards is another way that investors may use the phrase.

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Elimination of the root causes of non-conformities or other unpleasant events in order to stop them from happening again. Preventive action: A step done, usually as a result of a risk analysis, to stop the occurrence of such non-conformities.

The dismissal of the employee shouldn't be the desired result of corrective action. Corrective action should be used instead when a management or employer genuinely wishes to support and nurture progress in the worker.

When root causes have been discovered, corrective efforts are typically started. These actions can involve engineering controls, process modifications, or the usage of personal protective equipment (PPE).

Because there is a problem, corrective action is required. In order to resolve the issue and create a strong plan for the future, problem-solving approaches might be used. The difficulty is that people frequently employ inadequate problem-solving strategies, which results in shaky plans.

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They pay in school taxes per year $2000.

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A petty cash fund is a small sum of company money that is frequently kept on hand (for example, in a secured drawer or box) to cover unimportant or trivial expenses like office supplies or employee reimbursements

The fund must be reconciled every week by the Custodian. Petty Cash transactions are restricted to $100 per seller each day. Petty Cash funds should be refilled either once per month or when total receipts reach $200, whichever comes first.

Explanation:

Due to that,

Petty cash account: $320

Total proceeds for delivery costs come to $55.

Inventory of goods = $175

Total miscellaneous costs: $24

Fund balance is $66

Therefore,

The following is the journal entry for the account's reimbursement:

A/C doctor's delivery fees were $55.

A/C Dr. $175 in inventory of goods

Additional costs A/c Dr. $24

To Cash A/c $254

(To document the payment of petty cash)

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A market with negative externalities will tend to overproduce and sell at lower price compared to a market producing the socially optimal output.

Overproduction, or oversupply, means you have got an excessive amount of of some thing than is important to fulfill the demand of your marketplace. The resulting glut ends in decrease prices and probably unsold items. That, in flip, results in the price of manufacturing – such as the value of exertions – increasing significantly.

The choice for longer than important manufacturing runs or product batch sizes because of lengthy setup times. Ordering extra substances than necessary, just in case. awaiting disrupted production flows. Unbalanced manufacturing ranges, cells, or departments

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For tax purposes, a corporation that distributes property that has increased in value will treat the distribution as if it had sold the property to the shareholder at its fair market value.

However, the corporation does not suffer any losses from the distribution of property whose value has decreased.

The S Corporation gain is distributed to all S Corporation shareholders based on their share ownership percentage when appreciated property is distributed to a single shareholder. This gain could come from capital or regular income.

This is determined by starting with the higher of the carrying amount of liabilities assumed by shareholders or the fair market value (FMV) of the distributed assets. After that, deduct the assets' adjusted tax basis. The gain or loss to be acknowledged is your response.

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$8,000 interest will accrue during the life of the loan. Interest is the payment of an amount above the principal sum by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate.

In finance and economics, interest is the payment of an amount above repayment of the principal sum by a borrower or deposit-taking financial institution to a lender or depositor at a specific rate by a borrower or depositor.

A customer would usually pay interest to borrow from a bank, so they pay the bank more than they borrowed; or a customer may earn interest on their savings, so they withdraw more than they originally deposited. In the case of savings, the customer is the lender, while the bank is the borrower.

It is calculated by multiplying the principal, rate of interest and the time period. The formula for Simple Interest (SI) is “principal x rate of interest x time period divided by 100” or (P x Rx T/100).

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(c) Matching principles .matching principle that says that revenues and any related expenses should be recorded in the same period.

What is deferral accounting ?

In a company's general ledger, deferrals are a sort of "adjusting" entry that postpones the recognition of a transaction in the company's accounting records to a future fiscal quarter (or periods). Revenue, or the amount to be collected, and costs, or the amount to be paid, be postponed via deferrals.

The matching principle and revenue recognition are the two accounting principles that underlie both revenue and expenditure deferral. The Financial Accounting Standards Board (FASB) describes the revenue recognition concept, which is key to accrual-based accounting, as "when the selling business achieves a performance obligation by transferring a promised item or service to a customer, giving the customer ownership."

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The value of domestic assets purchased by foreigners is $10 billion.

Domestic property means flora, assets and equipment of a home Subsidiary. home belongings method any acquired property owned through a home seller which aren't difficulty to a overseas Governmental Authority and concerning which no Consent of a overseas Governmental Authority is required pursuant to this agreement.

An asset is any resource or proper used to generate cash waft, lessen prices, or offer future monetary advantages for an character, government, or enterprise. property comprise financial fee and can benefit a business enterprise's operations, boom the price of a business, or improve an individual's net worth.

An asset is an entity from which the monetary owner can derive a gain or collection of blessings in future accounting intervals through preserving or the use of the entity over a time period, or from which the monetary owner has derived a benefit in past intervals and continues to be receiving a gain within the contemporary duration.

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Typically, target markets are described by a set of traits, which could include: information on people's backgrounds, including their ages, marital status, and income level. geographic data, such as zip codes or particular cities. Psychographic data, such as lifestyles, values, and hobbies.

Although the four primary categories of market segmentation are thought to be geographic, demographic, psychographic, and behavioral, there are many additional tactics you can employ, as well as various variants on the four primary types.

For instance, the target market and audience for a children's toy may be boys aged 9 to 11 and the parents of those boys. It can also be described as the group of consumers who are most likely to be affected by marketing initiatives. The buyer persona is separate from the target market.

A target market is a collection of potential buyers who you identify in order to market your goods or services to. Each group can be split up into more compact units. Typically, segments are organized by age, region, money, and lifestyle.

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The new common stock value on the balance sheet will be $141,600

It is given that boats and bait have 59,000 shares outstanding that are sold for a price of $55 per share. First, we will find out the common stock value on the balance sheet prior to the dividend

=> No. of stock outstanding * Face value per share.

=> 59000 * 2

=> $118,000

The stock dividend is 20%. So, to find the new shares to be issued we can solve:

=> 59000 * 20%

=> 59000 * 0.2

=> 11,800 shares

Now we will have to find out the total stock outstanding after the dividend. This can be calculated by:

=> 59000 + 11800

=> 70,800 Shares

The value of common stock after the stock dividend will be

=> 70,800 * 2

=> $141,600

Hence, the common stock value will be $141,600 after the dividend.

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The decision style should you use will be V-room decision tree.

The Vroom-Yetton decision model developed a decision tree with seven key questions to assist leaders in making the best option. Quality, commitment, problem structure, leader's information, goal congruence, and subordinate conflict are the seven questions that go along with them.  In accordance with the scenario at hand and the degree of engagement of subordinates, this model proposes five decision-making styles that direct group-based decision-making: Consultative Type 1 (CI), Consultative Type 2 (CII), Group-based Type 2, and Autocratic Types 1 and 2 (GII).

For two reasons, the Vroom-Yetton model's usefulness is debatable. First off, it is less frugal than other methods of the selection of leaders. Second, it just addresses one element of how leaders behave—that is, how they choose various decision-making procedures depending on the circumstances.

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Based on the fact that Terry who is the owner of river city flooring, is driven by competition and pushes his employees to continually exceed their productivity goals and adequately compensates them, this shows that they have an adhocracy culture

This refers to the term that is used in business circles to make a description of a company, organization, or corporate entity that has the ability to quickly adapt to changing market conditions.

Hence, we can see that an adhocracy culture means that people within an organization can quickly adapt to Adhoc situations, and the employees at River City Flooring do this well.

With this in mind, the correct answer is adhocracy culture as explained above, because

Therefore, it can be seen that the type of culture which the company had when the manager pushes his employees to continually exceed their productivity goals is an adhocracy culture.

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Marketing kayaks for a significant outdoor equipment producer with marketing emphasizing the brand's dependable toughness and how the boat may elevate fun and adventure to new levels. Through a brand connection, you're seeking to engage the customer on a deeper level. Hence the appropriate choice of option will be option (d).

In order to affect the public's view, public relations (PR) is the activity of managing and distributing information from an individual or an organization (such as a business, a government agency, or a nonprofit organization) to the public. Public relations is internally managed in contrast to publicity, which is unregulated and supported by outside sources. Without requesting money up front, an organization or individual can use public relations to connect with their audiences by taking advantage of breaking events and topics of interest to everyone. The media is mostly responsible for the publicity. This makes it distinct from advertising as a form of marketing communication.

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The complete question is mentioned below :

You are marketing kayaks for a major outdoor gear manufacturer. Your campaign focuses on the rugged dependability of the brand and how this watercraft can take you to new heights of enjoyment and adventure. You are attempting to _________.

A.) divert the consumer away from key factors in their purchase decision.

B.) engage the consumer on a deeper level through a brand connection.

C.) promote your product using strategic communications techniques.

D.) manipulate the consumer in an unethical manner through imagery.

According to the company's records, this item would appear as a(n): Deduction from the amount on the bank reconciliation. A debit memo for an NSF check that was received from a customer was included with the bank statement.

The bank column in the cash book displays the cash at the bank, whereas the cash column in the cash book displays the available cash. Similar to this, every consumer has a record with the bank. Deposits are recorded on the credit side of the bank books, whilst withdrawals are recorded on the debit side. Unpaid checks are already listed in the book, thus they are a bank reconciliation item. Only for goods needed for book reconciliation will the company create journal entries. Therefore, there is no need to journalize unpaid checks. The right response is outstanding checks. The transit deposit is added to the bank reconciliation statement, but the unpaid checks are subtracted. Thus, the right response is

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A task which would be performed by a microbiologist include the following: D) isolating cultures of infectious bacteria.

A pathogen can be defined as any group of living microorganisms that are capable of causing diseases and harm to their host. In Science, some examples of pathogen include the following:

Generally speaking, microbiologists are experts or professionals that are saddled with the responsibility of isolating cultures of pathogen such as an infectious bacteria.

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when a pr specialist employed by a hospital writes and distributes a newsletter to medical staff and other employees. This is a type of internal communication.

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The time in which the real GDP per capita of China will be double is 10 years.

GDP or Gross Domestic Product is defined as the sum of all the goods and services produced within a territory in a year. GDP is a measure of determining the economic worth of a particular country. According to the question GDP per capita of United States is $32000, GDP per capita of China is $4000. The growth rate of US is 2% and growth rate of China is 7%. By the rule of 70 the GDP of China will get double in

70/Growth rate.

So, the GDP of US will get double in 70/2 = 35 years and

The GDP of China will get double in 70/7 = 10 years and the amount will be equal to $8000.

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Differing process goals would be the root of their disagreement if the owner and one of the restaurant managers got into a fight over whether it was more crucial to concentrate on filling chef positions or ensure that the wait staff in the restaurant performed well.

In general, the term "conflict" refers to any major debate and disagreement about a significant issue; hence, when two persons or groups are engaged in conflict, restaurant they are engaged in a severe argument or lack of agreement over specific issues managers.

A process objective in a business is a goal that specifies the procedures to be followed in order to promote quality results. They frequently concentrate on accomplishing something rather than achieving a goal, such as preventing outside interference, which is typically seen as entirely the employee's responsibility in order to meet.

As a result, interpersonal conflicts can arise when different process goals are set, especially restaurant when those goals have more to do with communication techniques used to resolve conflicts and guide decision-making managers.

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$[tex]189,000[/tex] was made through sales at Gifts galore. With a total fixed cost of $[tex]27,500[/tex] and a total contribution margin of $100,170. The ratio of contribution margin was [tex]53[/tex] %. Hence, Option D is correct.

Expenses known as fixed costs do not fluctuate whether sales or manufacturing volumes rise or fall. This is because they aren't actively involved in producing a good or providing a service. Therefore, fixed costs are regarded as indirect costs.

Fixed costs are expenses incurred by a firm that are independent of the volume of goods or services the business produces. They are often referred to as indirect costs or overhead costs.

[tex]\frac{100,170}{189,000} = 53[/tex]

Therefore, Option D is correct.

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Stock Valuation model dynamics make clear that lower discount rates lead to higher valuations. Stock valuation is a technique for figuring out a stock's intrinsic value, or theoretical worth.

The fact that a stock's intrinsic worth may differ from its present price makes stock valuation important.  The intrinsic value of a stock can help investors decide if the stock is over or undervalued at the present market price. Higher valuations stocks are growth stocks—businesses that are anticipated to expand. They trade at a premium price because analysts anticipate above-average revenue and profits growth for these firms.

To determine if a company is overvalued or undervalued, firms are appraised and the valuation is contrasted with the current market price. It is possible to see stock valuation as both an art and a science. Absolute valuation and relative valuation are the two types of stock valuation.

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Since the demand for wheat and corn is essentially inelastic, thus, increases in production have a significant negative impact on pricing and farmer income.

What is Demand?

The quantity of a good that consumers are willing and able to buy at different prices during a specific time is known as demand in economics.

Demand is a principle of economics that captures the consumer's desire to buy the product or service. The price that consumers are willing to pay for the good or service is used to determine demand.

What are the types of Demand?

The demand is categorize as:

1. Market demand- The market demand is the demand for a product by all of the customers who purchase that product

2. Individual demand- The individual demand, which is the demand for products and services by a single consumer.

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Break-even sales is:

$16,000 .

Here given:

Selling price = $20

The variable expenses = 60%

= 60% of $20

= $12

Given fixed cost = $9,600

Contribution margin is calculated as follows:

contribution margin = (selling price - variable expenses) / selling price.

∴ contribution margin = (20 - 12) / 12

                                 = 0.66

To Computation of break-even sales:

Break-even sales = Fixed cost / contribution margin .

Break-even sales = $9,600 / 0.6

Break-even sales = $16,000

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