Answer: after adjusting entries have been journalized and posted.
Explanation:
What are the 5 characteristics of objectives
2. The distribution and production of goods and services is determined by the government in a command economy.
True
False
Intercontinental, Incorporated, uses a perpetual inventory system. Consider the following information about its inventory: July 1, purchased 10 units for $910 or $91 per unit; July 3, purchased 15 units for $1,590 or $106 per unit; July 14, sold 20 units; July 17, purchased 20 units for $2,300 or $115 per unit; July 28, purchased 10 units for $1,190 or $119 per unit; July 31, sold 23 units. Using weighted average, the cost of goods sold for the sale of 23 units on July 31 is ____ and the inventory balance at July 31 is _____.
Using the weighted average method, the cost of goods sold for the sale of 23 units on July 31 is $2,505 (23 x $108.91) and the inventory balance on July 31 is $1,307.
What is the weighted-average method?The weighted-average method of inventory valuation adds all the costs per period and divides this total by the number of units.
The cost of goods sold and the ending inventory costs are based on the computed average cost.
Data and Calculations:July 1, purchased 10 units for $910 or $91 per unit; $910
July 3, purchased 15 units for $1,590 or $106 per unit; $1,590
July 14, sold 20 units
July 17, purchased 20 units for $2,300 or $115 per unit; $2,300
July 28, purchased 10 units for $1,190 or $119 per unit; $1,190
July 31, sold 23 units.
Total units purchased = 55 units $5,990
The average (weighted average) cost per unit = $108.91 ($5,990/55)
Total units sold = 43
Ending inventory in units = 12 (55 - 43)
Thus, using the weighted average method, the cost of goods sold for the sale of 23 units on July 31 is $2,505 (23 x $108.91) and the inventory balance on July 31 is $1,307 (12 x $108.91).
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solutions that can help a grade 12 learners to
counteract unemployment beside entrepreneurship
Certain solutions that can help young people counteract unemployment apart from entrepreneurship are:
SportsMusicWhat is entrepreneurship?Entrepreneurship is the act of owning a business. The entrepreneur is an innovator that starts his own business using his capital for the sake of profit.
What is unemployment?This is a state that exists in a nation where the people who are well qualified to work have no available job openings.
Young people can be active in sports, they can also be in the music and entertainment industry.
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A series of events takes place when an externality is internalized. Place the events in logical order.
Here are the sequence of events that leads to the internalization of an externality:
Widespread use of residential woodstoves affects air qualityNew regulations impose emission limits on all new woodstoves. Makers update woodstove designsThe costs of implementing the design changes are partly borne by makers and partly passed on to consumersAir quality improves as the new woodstoves come into use.What is an externality?Externality is when the activities of economic agents affects those not engaged in the economic activity. Externality can be positive or negative.
Negative externality is when the activities of economic agents constitute harm to third parties. Positive externality is when the activities of economic agents constitute a benefit to third parties.
Here are the events:
New regulations impose emission limits on all new woodstoves. Widespread use of residential woodstoves affects air quality. Air quality improves as the new woodstoves come into use. he costs of implementing the design changes are partly borne by makers and partly passed on to consumers. Makers update woodstove designs
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A horizontal merger Group of answer choices is a merger between firms in the same industry. results in a trust (for example, the Standard Oil Company). is a merger between firms at different stages of production of a good. was illegal in the United States until the Federal Trade Commission Act was passed by Congress in 1914.
Answer:
will be deleted after 1 hour.Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Tap on a clip to paste it in the text box.Welcome to Gboard clipboard, any text you copy will be saved here.Welcome to Gboard clipboard, any text you copy will be saved here.Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Touch and hold a clip to pin it. Unpinned clips will be deleted after 1 hour.Tap on a clip to paste it in the text box.Welcome to Gboard clipboard, any text you copy will be saved here.Welcome to Gboard clipboard, a
Companies like Uber and UPS use what type of control system to monitor employee performance and behavior? 10/10/10 program Domain Excellence Platforms 360-degree feedback Enterprise Social Networking Site Technology-mediated control
An technology-mediated control is used by companies like Uber and UPS to monitor their employee performance and behavior.
What is a technology-mediated control?A technology-mediated control refers to a technology that allows organization's to monitor or influence their workers in other for them to behave in a manner consistent with organizational objectives.
Hence, the technology-mediated control is used to monitor employee performance and behavior while they are working.
Therefore, the Option D is correct.
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1.1.11 Advise SM on the negative impact of the socio economic issues identified in QUESTION 1.1.10 (6 )
A social-economic issue is simply a factor that can be classified as having a social and economic bearing or having an economic impact on members of society.
What are examples of Social Economic Factors?Please note that the information on the question is incomplete hence the general answer.
Examples of social-economic factors are:
EmploymentSafetyIncome levelsEducation etc.One negative social-economic factor based on the above is unemployment. This is the condition wherein more and more people who are willing to work are unable to find gainful employment.
The negative impact of this on the economy is that if people are unwilling to buy household goods and pay for household services, soon those providing those services will be unable to operate their businesses.
This condition is what leads to a recession if not properly checked by the government. One way the government can decrease unemployment is by increasing the money supply.
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In contrast to the conclusions drawn from microeconomics, many economists argue that in macroeconomics, government:
Answer:
Intervention in marks can prevent or reduce the effects of adverse events on the macroeconomy
Identify the principles of internal control by selecting the correct answers below. (Check all that apply.) Multiple select question. Separate recordkeeping from custody of assets. Record assets at cost. Maintain adequate records. Establish responsibilities. Insure assets. Apply technological controls. Match revenues with expenses in the same accounting period. Perform regular and independent reviews.
From the information provided, all the options (such as Insurance of assets, regular reviews, technological controls etc) are all Principles of Internal Controls.
What are Principles of Internal Control?The principles of internal control are the various actions that must be carried out by those responsible for corporate governance such as the Internal Auditor, to ensure that reasonable assurance is provided to the company.
Hence the various principles of internal control are:
Separate recordkeeping from the custody of assetsRecord assets at costMaintain adequate recordsEstablish responsibilitiesInsure assetsApply technological controlsMatch revenues with expenses in the same accounting period.Perform regular and independent reviews.Learn more about Internal Control at:
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The most critical element of trust is?
Answer:
How deep your relationship is
Answer:
A. integrity. B. ability to keep confidences. C. charisma. D. communication. E. dependability.
Due to inflation and shortages created by supply chain shortages, the price of Paco Rabanne's Eau de Toilette Spray increased
12.5% during the Xmas 2021 season. If the price elasticity of demand for the perfume is 0.9, what will happen to sales? Show
math.
I need help please
The sales of Paco Rabanne's Eau de Toilette Spray would fall by 11.25%.
What is the price elasticity of demand?The price elasticity of demand measures the impact of price changes on the quantity demanded of good. When t the price elasticity of demand is less than 1, demand is inelastic.
Percentage change in the quantity demanded = price elasticity x percentage change in price
12.5% x 0.9 = 11.25%
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Briefly explain Time Series Financial Reports?
Answer:
I not sure though
Explanation:
presents a series of data points collected over a specified reporting period
After deciding to acquire a new car, you can either lease the car or purchase it on a three-year loan. The car you wish to buy costs $49,000. The dealer has a special leasing arrangement where you pay $5,100 today and $545 per month for the next three years. If you purchase the car, you will pay it off in monthly payments over the next three years at an APR of 5.3 percent. You believe you will be able to sell the car for $32,000 in three years. a. What is the present value of leasing the car
The present value of leasing the car is $23,201.76.
Present valueFirst step is to find the present value using financial calculator by imputing the data below:
Interest rate =5.3%/12=0.442
Payment Per month (PMT) =-$545
Time period (NPER) =3×12= 36 months
Face value(FV)=0
Present value(PV)=?
Hence:
Present value=$18,101.76
Second step is to calculate the present value of leasing the car
Present value of leasing=Present value+Down payment
Present value of leasing=$18,101.76+$5,100
Present value of leasing=$23,201.76
Inconclusion the present value of leasing the car is $23,201.76.
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A company has budgeted total overhead at actual units produced of $10,400. The company has actual total overhead of $12,000. The controllable variance is:
Based on the information given the controllable variance is:$1,600.
Controllable varianceUsing this formula
Controllable variance=Actual total overhead -Budgeted total overhead at actual units produced
Let plug in the formula
Controllable variance=$12,000-$10,400
Controllable variance=$1,600
Inconclusion the controllable variance is:$1,600.
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Examines the overall performance of the economy?
a) socioeconomics
b) microeconomics
macroeconqunics
d) economics
If the new business will last only for the next five years, so she can take the profits from the new business for five times starting from one year from now, what is the size of the value of the new business for Janet
Based on the profits of the new business, the size of the value of the new business would be $282,860.
What would be the value of the new business?The new business is said to make a profit of $100,000 every year and the interest rate is 3%.
The value of the new business is therefore:
= Amount x Present value interest factor of an annuity, 5 years, 3%
= 100,000 x 2.8286
= $282,860
In conclusion, the value would be $282,860.
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If Frank is researching the number of customers who have gluten or wheat allergies, and then he begins to devise a strategy to cater to these individuals, Frank would be involved in
Frank is involved in planning if he researches the people that have wheat allergies and devises a way to cater to the people.
What is planning in business?These are the strategies that are used in business where the manager would set objectives and goals for the company and then devise the ways that they would reach the goals they have set.
This is what Frank is doing here by setting up strategies to help cater for the individuals.
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If you invest 40% of your money in A and 60% in B, what would be your portfolio's expected rate of return and standard deviation? Group of answer choices 11%; 1.1% 9.9%; 1.1% 9.9%; 3% 11%; 3% None of the options are correct.
The rate of return and standard deviation is: 9.9%; 1.1%.
Rate of return and standard deviationRate of return:
Rate of return= (.4)(13.2) + (.6)(7.7)
Rate of return=5.28%+4.62%
Rate of return=9.9%
Standard deviation:
Standard deviation=√[(.4×1.47)² + (.6×1.10)²+ 2(.4)(.6)(.76)]
Standard deviation=1.1%
Inconclusion the rate of return and standard deviation is: 9.9%; 1.1%.
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Choose the answers that best complete each sentence.
On average,
are more expensive than other kinds of postsecondary schools.
The cost of room and board includes
.
To save money, some students attend a
university in their home state
The best answers that complete each sentence are as follows:
1. On average, private universities are more expensive than other kinds of postsecondary schools.
2. The cost of room and board includes accommodation and meals.
3. To save money, some students attend a public university in their home state.
How are private universities different from public universities?The major difference between public colleges and universities is that public universities are mainly funded by state governments, while, private colleges and universities rely heavily on students' tuition fees, alumni donations, and endowments to fund their academic programs.
For students, private universities are more expensive than public universities.
Thus, the best answers that complete each sentence have been provided.
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Answer:
four- year university
Housing and food
public
Explanation:
got it correct on edge 2022
Maria has monthly student loan payment of $350. Which of the following statements is TRUE about Maria's student loan payment?
Maria's monthly loan payment is first applied to paying down the principal balance of the loan. The remaining portion of the payment is then allocated towards paying any accrued interest
All $350 of Maria's monthly payment is applied to the principal balance of the loan. She will pay the accrued interest in a lump sum when she makes her final monthly payment on the
loan.
Maria's monthly loan payment is first applied to any accrued interest. The remaining portion of the payment is then allocated towards paying down the principal balance of the loan.
None of the above
The statement that is TRUE about Maria's student loan payment is that Maria's monthly loan payment is first applied to any accrued interest. The remaining portion of the payment is then allocated towards paying down the principal balance of the loan.
What is an amortizing loan?
An amortizing loan is a sort of debt that needs periodic payments on a regular basis.
A portion of each periodic payment is applied to the accrued interest, while the remainder is applied to the loan's principal.
Equal periodic payments are made on a completely amortized loan.
An installment loan is another name for an amortizing loan.
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Who was given the nickname 'Master of Hotel Finance ? Conrad Hilton
Bill Kimpton
Cezar Ritz
JW Marriott Jr.
Answer:
JW Marriott JR
am not sure hope this will help
Answer:
Conrad Hilton
Explanation:
The biggest hotel man in the world; NY Times described as "master of hotel finance". He formed the first major chain of American hotels in 1954.
At the beginning of the year, SnapIt had $10,000 of inventory. During the year, SnapIt purchased $35,000 of merchandise and sold $30,000 of merchandise. A physical count of inventory at year-end shows $14,000 of inventory exists. Prepare the entry to record inventory shrinkage.
The entry to record the inventory shrinkage is: Debit Cost of Goods sold $15,000; Credit Merchandise inventory $15,000 .
Inventory shrinkageBased on the information given the appropriate journal entry to record the inventory shrinkage is:
Debit Cost of Goods sold $15,000
Credit Merchandise inventory $15,000
($10,000 +$35,000 - $30,000)
(To record inventory shrinkage)
Inconclusion the entry to record the inventory shrinkage is: Debit Cost of Goods sold $15,000; Credit Merchandise inventory $15,000 .
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how does adaptability assist a school leaver to become a successful business owner
Answer:
To create a high degree of adaptability, you should develop more meaningful business relationships with others. If you're mindful of being respectful to others or having empathy, your relationships are only bound to deepen. In other words, when people see that you care about them and their businesses and not just what they can do to help you, you may gain more success. When you help someone without expecting anything in return, something happens. You get goodwill returned to you. In other words, when someone has a need or sees an opportunity for you, they will think of you, so it pays to keep your professional relationships adaptable.
People with a high degree of versatility have specific characteristics: attentiveness, competence, and resilience. Versatile people have a vision for the future and the ability to self-correct. People who are not versatile are resistant to change and single-minded. As an example, our friend could not focus on anything more than client development.
Explanation:
Adaptability is able to help a school leaver become a successful business owner by allowing them to get used to their business's conditions fast enough.
Adaptability means being able to get used to whatever new situation you are faced with fast and in a manner that allows you to then take advantage of that situation.
A school leaver with high adaptability will get used to the situation surrounding their business fast and then use it to their advantage to make the business a success.
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In the case of an undisclosed principal, a third party
the amount of money in a savings account is an example of which of the following?
Answer:
A liquid asset
Explanation:
The amount of money in a savings account is an example of which of the following?
A) Investment asset
B) Liquid asset
C) Long term asset
D) Use asset
The principle of self-reference is based on the idea that people won't deviate from the overall mission of their organization if they have been imprinted with it. In a chaotic system, the managers job is to verbalize the guiding mission and
a. add rules
b. define the mission
c. establish boundaries
d. Sternly discipline employees
In a chaotic system, the managers job is to verbalize the guiding mission and establish boundaries. Hence, option C is correct.
What is a chaotic system?Chaos theory states that although chaotic complex systems seem random, they in fact contain underlying patterns, linkages, ongoing feedback loops, repetition, self-similarity, fractals, and self-organization.
The only constant is the unexpected, complicated, and chaotic character of life itself. Equilibrium can only happen when someone passes away. At the same time as creation, there is also destruction. Chaos is a result of a myriad factors, rendering any attempts to control it useless.
It produces at least three different types of chaos, including sandwich, horseshoe, and Lorenzian chaos. It is possible to have two chaotic governments of this type running concurrently and interacting with one another like links in a chain.
Stability and chaos are two distinct concepts. Chaotic attractors are stable by definition.
Thus, option C is correct.
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QUESTION 1
1. What button is used to format a table's text to make it more interesting in PowerPoint?
The format button is used to format a table's text to make it more interesting in PowerPoint.
What is the work of the Format button?As the name suggests, the Format button is used to format the text, table, size, etc. And make more interesting in the PowerPoint, MA word, MS Excel.
The formatting button is used to make the more interesting and attractive texts, tables, pictures, etc.
Therefore, the formatting button is used to make more interesting the text of the table.
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When you gather primary or secondary data, whal part of the market information management process are you
participating in?
A Market positioning
B. Market research
C. Data analysis
D. Data mining
Which best describes the relationship between total utility and marginal utility?.
The correct answer is: Total utility rises first but the begins a sudden fall when the marginal utility points toward the negative while Marginal utility falls when each unit is purchased.
What is utility?Utility is a form or state of being profitable or beneficial. It shows the usefulness of the item to an individual.
Marginal utility is the addition made to total utility while total utility is the aggregate of all utility that is derived by the consumption of all commodities.
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