Since then, she has not spoken to or seen him. She keeps up a home where she and her two dependent kids reside.
Nataliya and Chad's after marriage:Chad, Natalie's husband, left her in early June 2019 and left their shared house. Chad and Natalie were married. Since then, she has not spoken to or seen him. She keeps up a home where she and her two dependent kids reside. Which of the ensuing claims regarding Natalie's filing status in 2019 is true? Natalie is permitted to use the rates for single taxpayers. Ob Natalie and Chad are able to submit a combined tax return. d. Natalie is eligible to file as the surviving spouse. Natalie is eligible to file as the head of household. Oe.
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11. during june 2015, bextra inc. recorded sales of $55,000 but only $20,000 was collected in cash from customers. cost of goods sold was $38,000. what was the effect of these sales on bextra's current ratio? current ratio increases current ratio decreases current ratio remains unchanged
These sales will impact Bextra's current ratios as current assets rise and existing obligations stay the same, the current ratio rises.
The current ratio is defined as Total assets/ total liabilities,
Your journal entry will now be based on the following data to report sales:
Debit money: 20,000
35,000 in debit receivables
Revenue from Credit Sales: 55,000
As a journal entry, you would write down:
The price of debt goods Sold is 38,000
38,000 credit goods on hand
According to the data, current assets will increase since 55,000-38,000 will be favorable, while current liabilities will stay the same.
Your ratio will climb if your current assets continue to grow while your current obligations continue to shrink.
Proof of the current ratio can be achieved using random numbers. Therefore, dividing the present 100,000 assets by 50,000 would result in a 2:1 ratio.
The total assets will now be increased to 150,000 and will be divided by current liabilities at a ratio of 50,000 to 3.1.
Consequently, as the current increases, the current ratio rises.
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the four categories for portfolio consideration include all of the following except: question 2 options: optimization opportunities that use a proven technology in an existing environment. technology transfer of a proven technology in a new environment within the firm. competitive and low-cost technologies developed internally. radical and risky technologies that are new to the firm and to the marketplace. none of the above
None of these apply to the four areas of the portfolio that should be taken into consideration of several citations on portfolio consideration and a piece on utilizing portfolios to improve revision.
The way instructors use portfolios varies greatly. Anne Gogela, Marisa Harper, Christina Holtcamp, and Kate Kiefer provide justifications and notes for adopting portfolio grading in this section. You might also catch portfolio consideration Randy Fetzer discussing Laura Thomas' portfolio system in CO300 during the Spring 1995 term (at Steve Reid's office). In citations addition, Kate has several citations on portfolio evaluation and a piece on utilizing portfolios to improve revision.
Give your students something concrete to refer to and be sure to fully explain your portfolio method. The majority of instructors include a citations succinct portfolio consideration summary of the submission requirements in their policy statements. But when it comes time to submit, you'll undoubtedly be deluged with inquiries on what the portfolio should contain.
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henry and ralph own companies that produce books. henry's company has 20 employees and produces 100 books. ralph's company has 15 employees and produces 90 books. which statement is true about output and productivity?
Ralph's company has 15 employees and produces 90 books, This is true about output and productivity.
What are output and productivity?Productivity in economics is the amount of output that can be generated from a given set of inputs. When the same quantity of output is produced with fewer inputs or with the same number of inputs, productivity rises. There are two prevalent conceptions of productivity.
Let's calculate the given data :
Total number of employees in Henry's Company = 20
Production of the book in Henry's Company = 100
Therefore, the production of the book by 1 employee
= Total number of books/ Total number of employee
=100/20
=5
Total number of employees in Ralph's company = 15
Production of the book in Ralph's company = 90
Therefore, the production of the book by 1 employee
=90/15
=6
So, It is clear that the output and productivity of Ralph's company are true.
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a system that dynamically links buyers and sellers into a rich communication network to establish and reinforce long-term, profitable relationships is called
Customer relationship management (CRM) refers to a system that dynamically connects customers and sellers into a robust communication network in order to create and maintain long-term, lucrative partnerships.
Write a brief account on Customer relationship management.In order to manage and evaluate customer interactions and data across the customer lifecycle, businesses use a variety of practices, strategies, and technologies known as customer relationship management (CRM). The objective is to strengthen interactions with customers in order to promote client retention and increase sales. CRM systems collect data from a variety of customer points of contact, including the company website, company phone number, direct mail, marketing materials, and social media. CRM systems can also provide employees who work with customers with comprehensive knowledge of their personal information, purchase history, shopping preferences, and problems.
Salesforce, Microsoft, SAP, and Oracle are the companies that predominantly market CRM solutions. Other service providers are well-liked by small and medium-sized organisations.
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on which dimension of quality doe dittenhoefer's compete? how are these dimensions being threatened by the problems in the manufacturing and customer service areas?
On the following quality aspects, the Dittenhoefers compete: Performance, Reliability, Durability, Aesthetics, Perceptions.
Performance -Every firm competes on its capacity to provide outcomes.Dittenhoefer's performance has been inadequate ever since the
advent of the new polymer-coating machinery.
Service to Customers-
By failing to keep up with performance, customer service isn't
helping the problem.
They are not promptly giving their clients the information they
require, and they are not monitoring their orders to make sure their
clients are happy.
Reliability: Before they began using the new polymer-coatingequipment, the organization had a stellar reputation for
dependability. More errors are now being shipped with the goods.
Customer service – They are disappointing their clients by having all
of these problems.
Orders are lost due to wrong pricing.
A change in the delivery date was not communicated to the
customers.
Durability: The new goods' durability hasn't raised many, if any,questions. As long as the product continues to be enjoyable,
durability won't be a problem.
Customer service – Their longevity has nothing to do with the client
service they provide.
Aesthetics: Aesthetics is the study of beauty, or the way things look.The new machine has added problems, yet aesthetics have been
preserved despite this. For Dittenhoefer's Fine China, this is
perhaps one of the most important factors. The firm bought the new
machinery so they could expand their current range of goods to
include a new aesthetic product.
Customer service –
Customer service has little discernible influence, good or bad, on
how appealing a product is to consumers.
Perception- Every company's perception is highly important.The way people view a firm may make or ruin it.
even when the product itself is top-notch.
The company has a good reputation, but if product problems
continue, it might lose some of it.
Customer service – Regardless of how wonderful a product is, it will
start to have a bad reputation if the customer service is poor.
People will start to associate the quality of the product with the
degree of service they get.
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gravenhurst, inc. provided the following aging of its receivables at december 31. age of accounts receivables balance estimated % uncollectible 0-30 days $420,000 0.5% 31 to 60 days 200,000 5.2% 61 to 90 days 75,000 10.3% 91 to 120 days 35,000 21.5% over 121 days 15,000 75.2% total $745,000 during the year, $22,500 of receivables were written off. the balance at the beginning of the year in the allowance account was a credit of $25,000. how much will gravenhurst report as bad debt expense for the year?
Gravenhurst report as bad debt expense for the year is 36530
When a receivable is no longer recoverable as a result of a customer's inability to pay an outstanding debt owing to bankruptcy or other financial issues, a bad debt expense is recorded.
The income statement's operating expenses section, in the lower half of the statement, contains a line item for the bad debt expense. It isn't seen as a direct expense of sales. The amount of an account receivable that cannot be collected is known as a bad debt expenditure. The client has decided not to pay this sum.
What methods have you used for estimating bad debt?
Both percentage of sales and percentage of receivables are used to estimate bad debt costs.
Sales percentage. Calculating the percentage of net credit sales or total credit sales that are uncollectible is called the percentage of sales.• Receivables as a percentage.
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g in the solow growth model, increases in capital output and the amount of output used to replace depreciating capital. a) increase; increase b) decrease; increase c) decrease; decrease d) increase; decrease
In the Solow growth model, if investment is less than depreciation, the capital stock will decrease and output will decrease until the steady state is attained.
If investment is less than depreciation, the capital stock will contract and output will fall. A greater rate of consumption per worker is referred to as the "golden rule" of capital stock.
The Solow Growth Model's repercussions Long-term growth is nonexistent. The Solow Growth Model predicts conditional convergence if countries have the same g (population growth rate), s (savings rate), and d (capital depreciation rate), then they have the same steady state and will converge.
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Complete Question:
In the Solow growth model, if investment is less than depreciation, the capital stock will ______ and output will ______ until the steady state is attained. decrease; increase decrease; decrease increase; increase increase; decrease
for the year ending december 31, orion, inc. mistakenly omitted adjusting entries for $1,500 of supplies that were used, (2) unearned revenue of $4,200 that was earned, and (3) insurance of $5,000 that expired. for the year ending december 31, what is the effect of these errors on revenues, expenses, and net income? a.revenues are overstated by $4,200. b.expenses are understated by $3,500. c.net income is overstated by $2,300. d.expenses are overstated by $6,500.
The effect of these errors on revenues, expenses, and net income as follows:
net income is overstated by $ 2300
[Unrecorded expense = supplies expense + insurance
= 1500 + 5000 = 6500]
[Unrecorded revenue = 4200
so net impact on net income = Revenue -expense
=4200 - 6500
= - 2300
since expense exceed revenue, it means we have debit) 2300 more in income statement, so lower expenses mean higher income.
Effect of expenses on Trading and Profit account in the long run impact the Balance-Sheet of an agency too, because decreased earnings or extra earnings in the long run transferred to capital account, that is part of the Balance Sheet.
Accounting mistakes can be minor or substantial. Either way, they are able to have extreme consequences: Incorrect profits reporting. Incorrect fee reporting can distort an agency's computed running earnings margins or ought to bring about over-reporting of net income.
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13) which of the following occurs when disposable income is zero? a) consumption must be zero b) saving must be zero c) saving must be positive d) consumption is negative e) none of the above
When disposable income is zero none of the mentioned circumstances occur.
What is disposable income?The amount of money that a person or household has available for spending or saving after income taxes have been deducted is referred to as disposable income (sometimes known as disposable personal income, or DPI).
At the macroeconomic level, one of the most important economic indicators used to assess the overall health of the economy is disposable personal income.
The net income obtained after taxes is the amount that is available for use.
The disposable income is the source of many statistical measurements and economic indicators. For instance, when determining metrics like discretionary income, personal savings rates, marginal propensity to spend (MPC), and marginal propensity to save (MPS), economists start with disposable income.
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With low wages and strict controls on speed and productivity, how do barbadian pink-collar workers in the informatics industry express their agency?.
The Barbadian pink-collar workers in the informatics industry express their agency by choices in dress and hairstyles.
Who are pink-collar workers?An employee in a field historically viewed as the domain of women is referred to as a "pink-collar worker." Jobs in the health and beauty sectors, nursing, social work, education, secretarial work, and child care are just a few examples. Although men may also hold these positions, historically women have held them in greater numbers than males (a trend that still holds true today, albeit to a lesser level), and they often have lower pay than either white-collar or blue-collar employment. Author and social critic Louise Kapp Howe coined the phrase "pink-collar" to describe women who worked as nurses, secretaries, and primary school teachers in the late 1970s. However, the Equal Rights Amendment (ERA), which was put up for ratification by the states in the early 1970s, is where it has its roots.
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wolf pack enterprises has total current assets of $346,002 and fixed assets of $476,306. the company also has long-term debt of $276,400, $100,000 in its common stock account, and retained earnings of $187,567. what is the value of its total current liabilities?
The claims against the company's assets that are due within a year or the cycle of operations are referred to as Total Current Liabilities and are disclosed on the balance sheet. Accounts Payable, Notes Payable, Current Maturities, and Accrued Liabilities are typical line items that make up Total Current Liabilities.
Total current assets $346,002 + fixed assets $476,306 - long-term debt $276,400 - $100,000 common stock account - retained earnings $187,567 = total current liabilities $258,341. We need the values for each line item for that company in order to compute the total current liabilities; the sum of those values will be the total current liabilities for that company.
A company's short-term financial commitments that are due in a year or within a typical operational cycle are known as current liabilities. Commonly, current assets—assets that are depleted within a year—are utilized to settle current liabilities.
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wolf computer exchanged a machine with a book value of $40,000 and a fair value of $35,000 for a patent. in addition, wolf received $6,000 as part of the exchange. wolf should recognize:
Wolf also earned $6,000 as part of the trade. Wolf should record a $5,000 gain.
What is a patent used for?A product or methodology that, in general, shows a new technical approach to a problem or offers a novel method of doing something is considered to be an invention. An innovation is granted an exclusive privilege known as a patent. In order to secure a patent, technical information regarding the innovation must be made available in the application.
Because a patent has no physical components and offers long-term value to the owner, it is regarded as an intangible asset. As a result, a patent is accounted for in the same way as any other intangible fixed asset: initial recordation.
In the given question,
The patent is debited for $51,000 ($45,000 for the machine and $6,000 for the cash), which is the fair market value of the assets provided. After that, the corporation deducts the old machine's book value ($40,000) and credits cash for the amount paid ($6,000). A gain of $5,000 results from the difference.
(51,000-(40,000+6,000)) = 5000 (gain)
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wilton sells softball equipment. on november 14, they shipped $4,000 worth of softball uniforms to paola middle school, terms 2/10, n/30. on november 21, they received an order from douglas high school for $2,400 worth of custom printed bats to be produced in december. on november 30, paola middle school returned $400 of defective merchandise. wilton has received no payments from either school as of month end. what amount will be recognized as accounts receivable, net on the balance sheet as of november 30?
The amount which recognized as net accounts receivable on the balance sheet as of November 30 is equal to $3600.
A balance sheet may be defined as a statement which consists of all the accounting data of an organization. It includes all the assets, liabilities, shareholders of organization and the equity. This sheet is one of the most important features in looking after the business of an organization. The net accounts can be calculated using the formula
Net accounts = Selling price of softball equipment - defective merchandise amount
The selling price of softball = $4000 and the defective merchandise amount = $400
So, the Net accounts = $4000 - $400
Net accounts = $3600
The amount $2400 is not considered in the computation part because the Wilton company received an order from Douglas high school which is irrelevant for Paola middle school which means that Neither of the discount terms are considered because the company did not receive the amount.
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modifying the product, modifying the market, and repositioning the product are three ways to manage a product through . multiple choice question. its life cycle achieving brand equity private branding development of a branding strategy
The life cycle of a branding strategy is the development of private branding to achieve brand equity.
In general, any brand or product has a life cycle that lasts from the point of release until the point of exit from the market. These five degrees—product development, introduction, interest, maturity, and decline—are covered by this cycle.
Branding tactics are:Here are four popular methods for growing logos for businesses looking to expand their service or product lines.
Line extension, emblem extension, new logo strategy, and flanker/combat brand approach are the four brand techniques.
In the growth stage, the market expands, the level of competition rises, sales increase, and the number of clients climbs.
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when a restaurant customer decides to fill out a customer satisfaction survey to complain about having to wait an hour for her food that was cold, this is an example of .
Self selection bias, The issue that frequently arises when survey respondents are given complete freedom to determine whether or not they want to participate in a survey is self-selection bias.
What is self selection bias ?
The issue that frequently arises when survey respondents are given complete freedom to determine whether or not they want to participate in a survey is self-selection bias.
When people choose to participate in a survey by themselves, self-selection bias emerges. Imagine, for instance, that a local government mails a survey to every citizen of the community asking them whether or not they believe a new intersection should be built in the centre of the town.
In statistics, self-selection bias develops whenever individuals choose to join a group for themselves, leading to a biased sample with nonprobability sampling.
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bart earns $100,000 per year as an auto mechanic. he has a loss of income disability policy with a benefit of $5,000 per month. he suffers a disability to his left hand while working on a porsche cayenne. as a result of his injury, he has to work a desk job earning $60,000. how much in disability benefits will he receive
Disability benefits will he receive - $2,000 per month
What is benefits?
Employee benefits as well as benefits in kind (also known as perks and benefits, perquisites, or perks) are non-wage compensation offered to employees in addition to their regular wages or salaries. A "salary packaging" or "salary exchange" arrangement occurs when an employee exchanges (cash) wages for some other type of benefit. Most types of employee benefits are subject to taxation to some extent in most countries. Housing furnished or unfurnished, including or without free utilities; group insurance (health, dental, life, and so on); disability income protection; pension benefits; daycare; tuition reimbursement; sick leave; vacation; social security; profit sharing; employer college loan contributions; conveyancing; long service leave; household staff (servants); and other specialised benefits are examples of these benefits.
Bart is entitled to receive loss of income benefit of $5,000 per month when his income is- $100,000 per year. Due to a disability, his income is reduced to $60,000 per year.
(Using simple unitary method)
When income was $100,000- benefit to be received $5,000/month
When income is $1(using unitary method)- benefit to be received will be $5,000/$100,000
When income is $60,000- benefit to be received will be $5000/$100,000*$40,000(amount of income reduced by)
which is equal to $2,000/month
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if yours is a manufacturing business, you will outline what you will produce and what you will purchase as components to your finished product. discuss your control systems for inventory, purchasing, and production.
A technology solution known as an inventory control system is used to monitor and track a company's products across the supply chain. Using this technology, purchasing, shipping, receiving, warehousing, and returns will all be integrated and managed in one system.
Define inventory system.Many manual operations will be automated by the best inventory control system. A system for controlling a company's inventories, including purchasing, shipping, receiving, tracking, warehousing and storage, turnover, and reordering, is known as an inventory control system. Depending on the nature and scale of its business, each firm will manage stock in a distinctively different way. Systems of inventory inform you how many parts or ingredients are required to build or assemble your finished product.
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the price of a 3-month prepaid forward on the power windows corporation is 140. the forward price for a 3 month forward on power windows corporation is 142. power windows corporation pays quarterly dividends of 5. the next dividend is due in 2 months. calculate the current spot price of the stock of the power windows corporation
Power Windows Corporation stock is now trading for 145 on the spot market.
The cost of delivering an underlying asset, financial derivative, or currency to the buyer of a forward contract at a preset date is known as the forward price. It essentially equates to the spot price plus any additional carrying expenses, such as interest rates and storage fees.
The current market price at which a certain asset, such as a security, commodity, or currency, can be purchased or sold for immediate delivery is known as the spot price.
Forward price = Spot price + Interest - Dividend
140 = Spot price + 0 - 5
Thus,
Spot price = 145
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the book basis of depreciable assets for erwin co. is $900,000, and the tax basis is $700,000 at the end of 2026. the enacted tax rate is 17% for all periods. determine the amount of deferred taxes to be reported on the balance sheet at the end of 2026.
Deferred tax to be reported on the balance sheet at the end of 2026, will be $34,000, considering tax rate of 17%.
Given Information:
Book basis of assets = $900,000
Tax basis of assets = $700,000
Tax rate = 17%
Determination of deferred taxes,
Deferred taxes = (Book basis of asset - Tax basis of asset) * tax rate
= ($900,000 - $700,000)*17%
= $200,000*17%
= $34,000
Taxes that are due but won't be paid until a later time are recorded as a deferred tax liability on a company's balance sheet. Needed to a gap in time between when the tax was accrued and when it is due to be paid, the responsibility is delayed.
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a winery wants to know more about sales channels, product outlets, and even whether these channels are motivated. what type of research would the winery use to answer these questions? distribution research pricing research product research promotion research
Since Winery wants to know about sales channels, product outlets, and even whether these channels are motivated, he should do distribution research. Correct option is (a).
In order to help management, make more informed decisions, distribution research refers to the data collection and analysis on a product or brand's sales and availability through various sales outlets. A brand's or company's in-depth distribution research reveals details about its distribution network, market shares and share, total sales, how well the competitor is doing business, and the seasonality of demand.
A crucial tool for comprehending and analyzing the market situation and assisting in the elimination of any major weaknesses that may be existing is marketing and distribution research. Research on distribution can shed light on the following:
improved knowledge leads to better channel management for salesappropriate distribution segmentation across marketing channelsMiddlemen' functions in the selling processA sales channel's centers of influence must be recognizedShare of the market of the company in a particular sales channelLearn more about distribution research here:
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g if the mexican nominal exchange rate (foreign currency per peso) does not change, but prices rise faster in mexico than in all other countries, then the mexican real exchange rate a. rises. b. cannot be determined without more information. c. does not change. d. declines.
Mexican real exchange rate increases if the nominal exchange rate (foreign currency per peso) stays the same but prices increase faster in Mexico than in any other nation. Here option A is the right answer.
The value of one currency will increase as the exchange rate changes, while the value of the other currency will decrease. A currency is considered to have appreciated when its value rises. On the other side, a currency is said to have depreciated when its value falls.
An increase in REER indicates a decline in trade competitiveness since it indicates that exports are becoming more expensive while imports are becoming more affordable.
Growth in demand for a currency causes the demand curve to move to the right, ultimately raising the value of the currency sought and driving up the exchange rate.
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coronado cannot use the income statement as a measure of cash flows because it is calculated on a(n) basis rather than a(n) basis. a. annual; accrual b. annual; cash c. accrual; cash d. cash; accrual
Coronado cannot use the income statement as a measure of cash flows because it is calculated on an accrual basis rather than a cash basis.
What is accrual?Accruals are accounting adjustments used to track and record income earned but not received, or expenses incurred but not yet paid.Accrual accounting is an accounting technique in which an accountant records income and/or expenses as transactions occur or payments are made. The most common examples of accrual accounting are sales on credit, purchases on credit, rent paid, utilities, depreciation, audit expenses, and other similar things.Under accrual accounting, an entity recognizes revenue when earned and expenses when incurred. This is often before (and sometimes after) the money is actually received or spent.To learn more about accrual from the given link :
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a(n) organization is a network of connections and channels of communication based on the informal relationships of individuals inside an organization.
The complete statement is that "a(n) informal organization is a network of connections and channels of communication-based on the informal relationships of individuals inside an organization."
What is an informal organization?Generally, In contrast to the organization's official allocation of duties and responsibilities, an organization's informal organization refers to the way in which it really functions in the real world.
The major purpose of informal groups is, more or less, to ensure that individuals continue to uphold their cultural values. When individuals are able to form social associations with one another, they always experience feelings of oneness.
As a consequence of this, one of the functions of informal groups is to give members a sense of social fulfillment.
Informal groupings are denoted by personal connections, communities of common interests, and social networks, all of which emerge as a result of workers associating with one another in a context that is conducive to the job.
The personal ties between workers in an informal company provide the foundation for how those employees think, conduct, and interact with one another.
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CQ
a(n)_______ organization is a network of connections and channels of communication based on the informal relationships of individuals inside an organization.
How much money would need to be deposited into an account earning 5.75% interest compounded annually in order for the accumulated value at the end of 25 years to be $85,000? a. $75,425.52 b. $59,130.43 c. $21,009.20 d. $20,258.70 please select the best answer from the choices provided a b c d
In order for the total value to be $85,000 after 25 years, $21,009.20 would need to be deposited into an account earning 5.75% interest compounded annually.
Earnings are a company's net profits after taxes. This represents the bottom line or profitability of the business. In a company's financial accounts, earnings are arguably the most significant and heavily scrutinized figure. It displays a company's actual profitability in comparison to analyst estimates, previous performance, rival companies' earnings, and peers in the same industry.
Since profits can only be used in one of two ways—either investing them in the firm to boost future profits or paying dividends to stockholders—earnings are the primary factor in a public company's share price.
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oscar works at jamba juice and gets paid california state minimum wage of $15.00 per hour. however, in the 1970s, the minimum wage was $1.60 per hour. is jerry better or worse off today compared to the california state minimum wage of $14.00 per hour?
The answer to the question: is jerry better or worse of with the minimum wage rate of $14.00 per hour could be find out by finding the "real minimum wage" which is obtained by dividing the nominal minimum wage rate with the average price level.
In the given scenario, regarding the worse and better off keeping the minimum wage rate of the state of California in context, jerry is worse off as the calculated minimum real wage is around $9.00, which is far lesser than the original minimum wage rate.
Jerry would be only better off in the scenario, if the real minimum wage rate was $15 or above than that, as he will not work below his reservation wage.
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management stating that all major restrictions on the entity resulting from debt covenants are disclosed in the footnotes and expressed clearly to users of the financial statements is an example of the
"Classification: The accuracy assertion"
According to classification statements, all financial data was classified accurately and fairly. By confirming that these classifications stay correctly categorized and detailed during audits, these statements assist protect both auditors and businesses.
Accuracy. The claim is that all transactions' full amounts were accurately and completely recorded. Classification. The claim is that all transactions have been accurately recorded in the general ledger's appropriate accounts.
A financial statement's data are said to be accurate and correctly valued if it makes the assertion of correctness and valuation, which states that all balances for assets, liabilities, and equity are used.
The assertion of accuracy and valuation states that each figure in a financial statement is true and is based on an accurate assessment of the values of the assets, liabilities, and equity balances.
A loan covenant is a requirement in a business loan or bond issuance that places restrictions on the borrower's ability to do certain things, prevents them from doing certain things, or only allows them to do certain things when other conditions are met.
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which one of the following is a positive economic statement? group of answer choices thoughtful people oppose an increase in the minimum wage. social justice will be served by increasing the minimum wage. an increase in the minimum wage will reduce employment for teenagers. the minimum wage should be increased
An increase in the minimum wage will reduce employment for teenagers is a positive statement.(OPTION A)
Minimum Wage: An employee may not legally sell their labour for less than the minimum wage, which is the lowest compensation a business may pay their staff. By the turn of the 20th century, minimum wage laws were in place in the majority of nations.
As of October 1, 2022, the wages of unskilled workers will increase from INR 16,506 to INR 16,792, those of semi-skilled workers from INR 18,187 to INR 18,499, and those of skilled workers from INR 20,019 to INR 20,357, according to a statement from the Delhi government.
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which of the following is the most authoritative source of accounting standards for nonprofits? a. current practices widely used by not-for-profit entities b. fasb codification c. fasb statements d. gasb codification
The specifications for audit reports, the credentials of qualified auditors, and audit organization quality control are all covered in this book authoritative.
This means that in order to conduct their audits and generate their reports, the auditors of federal, state, and local government programs must adhere to these requirements authoritative.
The Yellow Book is consulted by auditors of government organizations, including those that are recipients of government grants, as well as by other auditing firms carrying out Yellow Book audits.
As a result, the definitive source for governmental auditing requirements is The Yellow Book. In other words, this source/document contains information about governmental auditing requirements. The Financial Accounting Rules Board, which oversees accounting standards for nonprofits (FASB). When producing reports, nonprofit accounting experts are required to follow certain rules. The main rules that your company needs to be aware of are the GAAP requirements. Generally Accepted Accounting Principles is what this term refers to. Both enterprises and organizations must follow GAAP. Although state laws differ in terms of the criteria for GAAP compliance, it is generally advised in nonprofit accounting practices that you employ the GAAP system even if your state laws do not specifically demand for it. Generally Accepted Accounting Principles, or GAAP, are used by both public entities and nonprofit organizations. But each organization also has its own criteria that need to be taken into consideration. The Government Accounting Standard Board (GASB) is followed by the government, and the Financial Accounting Standards Board is followed by non-profit organizations (FASB) authoritative.
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in the mid-1980s, coke launched new coke, a soft drink featuring a new cola taste. it did not do well. a few weeks after new coke launched, it was discontinued. coke returned to its original formula and rebranded it coca-cola classic. new coke is an example of
New coke is an example of failed value creation.
The first formula modification in 99 years was made when The Coca-Cola Company released reformulated Coca-Cola, also known as new Coke. The Coca-Cola Company wanted to revitalize its Coca-Cola brand and the cola category in its greatest market, the United States, rather than to incite the avalanche of customer criticism that eventually occurred.
Not only did New Coke fail due to its too sweet flavor, but Coke's marketing strategies, organizational structures, and corporate culture also contributed to its failure.
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stereo corp. produces radios. the following information on inventory and production pertains to the year 2017. total manufacturing costs debited to wip in 2017 $336,000 beginning wip $37,000 ending wip $82,000 beginning finished inventory $0 ending finished goods inventory $45,500 overapplied overhead $7,500 calculate the cost of goods manufactured at stereo corp. in the year 2017.
The cost of goods manufactured at stereo corp. in the year 2017 is $285,000.
What is Manufacturing?
Manufacturing is the process of turning raw materials or sections into finished goods using tools, human labour, machinery, and chemical products.
Manufacturing enables companies to sell finished goods at a price higher than the cost of the materials used. Huge manufacturing allows for the mass production of goods using assembly line procedures and sophisticated technology as core assets. Manufacturing techniques that are efficient allow manufacturers to start taking advantage of scale economies of scale, generating more units at the a lower cost. Manufacturing is a vital and significant component of the economy. It entails the transformation of raw materials such as ore, timber, and food into finished goods such as metal goods, soft furnishings, and processed foods.
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