The correct option is c. Repaid rent, representing rent for the next six months' occupancy, would be reported on the tenant's balance sheet as a liability.
Balance sheet : A balance sheet is a financial statement that reveals a company's financial position. A balance sheet provides information on a company's financial status as well as what the company owns and owes. It is also known as a statement of financial position.
A balance sheet has three components that must always balance with one another:
Assets: The things that the company owns or controls, and that have valueLiabilities: The company's financial obligations to others, such as bills or loans
Owner's equity: The value of the assets that the company owns after deducting its debts and obligations
Rent : Rent is the amount of money paid by the lessee to the lessor for the use of property or space. Rent can be paid in one lump sum or in installments for a specified period of time.
Liability : liability is any financial obligation or debt that a company or individual owes to another party, including loans, leases, and accrued wages, salaries, and taxes.In conclusion, repaid rent, representing rent for the next six months' occupancy, would be reported on the tenant's balance sheet as a liability.
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Managerial Roles Managers make decisions about the use of the organization's resources and are concerned with planning, organizing, staffing, directing, and controlling the organization's activities so as to reach its objectives. Managers fulfill a range of valuable roles that are decisional, informational, or interpersonal. Categorize the various activities of two top managers, Raul Wilson and Jill Applebaum, by type of role. Managing effectively and efficiently requires certain skills: leadership, technical expertise, conceptual skills, analytical skills, and human relations skills. Here, we explore the different roles that managers fill in performing their roles. Read each statement when it appears and place the activity in the correct box in the chart on the right. Jill Applebaum Raul Wilson Entrepreneur Resource allocator Seek environment changes Communicate vision Mobilize support Negotiator Monitor Reach agreements Outline goals at meetings Appropriate resources Disseminator Establish agreements Set salaries Innovative products Spokesperson Provide example Report environment changes Evaluate performances Figurehead Public speeches Launch ad campaign State ethical quidelines Leader Establish alliances Expand Internationally Coordinate work Liaison Reset
Managerial roles can be categorized into three types: decisional, informational, and interpersonal. Decisional roles include entrepreneur, resource allocator, and negotiator. Informational roles include monitor, disseminator, and spokesperson. Interpersonal roles include figurehead, leader, and liaison.
Jill Applebaum's activities can be categorized as follows:
- Decisional: Resource allocator (appropriate resources), Negotiator (reach agreements, set salaries)
- Informational: Disseminator (provide example, report environment changes), Spokesperson (public speeches, launch ad campaign)
- Interpersonal: Figurehead (state ethical guidelines), Leader (establish alliances, coordinate work)
Raul Wilson's activities can be categorized as follows:
- Decisional: Entrepreneur (innovative products), Resource allocator (outline goals at meetings), Negotiator (establish agreements)
- Informational: Monitor (seek environment changes, evaluate performances), Disseminator (communicate vision), Spokesperson (state ethical guidelines)
- Interpersonal: Figurehead (public speeches), Leader (mobilize support, expand internationally), Liaison (reset)
Both Jill Applebaum and Raul Wilson fulfill a range of valuable roles as managers in their respective organizations. They make decisions about the use of resources, communicate information to others, and build relationships with their employees and other stakeholders. These activities are crucial for managing effectively and efficiently, and require a range of skills including leadership, technical expertise, conceptual skills, analytical skills, and human relations skills.
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Carla Vista Co. reports the following for the month of June
Date Explanation Units Unit Cost Total Cost
June 1 Inventory 112 $5 $560
June 12 Purchases 366 $6 $2,196
June 23 Purchases 188 $7 $1,316
June 30 Inventory 251 a) Calculate the weighted-average unit cost.
(Round answer to 3 decimal places, e.g. 5.125.)
b) Compute the cost of the ending inventory and the cost of goods sold under FIFO, LIFO, and average-cost.
(Round answers to 0 decimal places, e.g. 125.)
FIFO LIFO Average-cost
The cost of the ending inventory The cost of goods sold
Inventory is every one of the items an organization holds available to be purchased. They are viewed as an ongoing resource on the monetary record and are for the most part esteemed at the verifiable expense. A few normal presumptions are the first-in, first-out (FIFO) method, the last-in, first-out (LIFO) method, and the average cost method.
a) The weighted-average unit cost is determined utilizing the accompanying recipe.
Weighted-average unit cost = Cost of merchandise ready to move/Units ready to move
The expense of merchandise ready to move and the units ready to move are the sums of the stock and the two buys.
Cost of merchandise ready to move = $560 + $2,196 + $1,316 = $4,072
Units ready to move = 112 units + 366 units + 188 units = 666 units
We can likewise finish a timetable appearance at the expense of merchandise ready to move.
(Table 1 is Attached Below)
Thus, The weighted-average cost per unit is $6.114 per unit.
b)Since there were 666 units ready to move and there are 251 units left in the June 30 closure stock, then, at that point, 415 units have probably been sold (666 units - 251 units).
(Table 2 is Attached Below)
Under the FIFO technique, the primary units in stock are the initial ones sold. The 415 units sold will comprise of each of the 112 units from the June 1 stock and 303 units from the June 12 buys. The 251 units in finishing stock will comprise of each of the 188 units from the June 23 buys and 63 units from the June 12 buys.
(FIFO table is attached below)
Under the LIFO strategy, the last units added to stock are the initial ones sold. The 415 units sold will comprise of each of the 188 units from the June 23 buys and 227 units from the June 12 buys. The 251 units in finishing stock will comprise of each of the 112 units from the June 1 starting stock and 139 units from the June 12 buys.
Under the average cost method, we will utilize the weighted-normal expense per unit determined in (a) above to compute the expense of merchandise sold and the closure stock.
Cost of products sold = Units sold * Weighted-normal expense per unit
Cost of products sold = 415 units * $6.114 per unit = $2,537
Finishing stock = Units in finishing stock * Weighted-normal expense per unit
Finishing stock = 251 units * $6.114 per unit = $1,535
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the balanse sheet is the foloowing
assets:
rate sensitive 35 and rate is 8.5%
non rate sensitive 30 and rate is 9.5
fixed assets 5
Liabilities:
rate sensitive 20 and the rate is 6.5%
non rate sensitive 45 and rate is 7.5%
equity 5
1. what is the dollar amount of the GAp positions
2. What is the rate differential earned on the GAp position
3. what is the expected pre tax profit on the GAP position
4. if interest rates fall unexpectedly, what will happed to net interest income of this banking organizations
The GAP position is 15. Based on the provided balance sheet, we can calculate the GAP position as follows:
Rate Sensitive Assets = 35 Rate Sensitive Liabilities = 20 GAP = Rate Sensitive Assets - Rate Sensitive Liabilities GAP = 35 - 20 = 15Therefore, the GAP position is 15.
To calculate the rate differential earned on the GAP position, we would need additional information such as the time frame for which the rates are sensitive, and the interest rate sensitivity of both the assets and liabilities.
The expected pre-tax profit on the GAP position would depend on the interest rate sensitivity of the assets and liabilities and the rate differential earned on the GAP position.
If interest rates fall unexpectedly, the net interest income of this banking organization would increase, as the reduction in the interest rates would decrease the interest expense on the rate-sensitive liabilities faster than the decrease in the interest income on the rate-sensitive assets.
Please note that the calculations provided here are only a general guide and may not accurately reflect the actual financial situation of the organization. Financial decisions should be based on more detailed analysis and professional expertise.
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The letter S in the word INSURABLE stands for
The word INSURABLE is a term that is used in the insurance industry. The letter S in the word stands for Security, which is the main idea behind insurance policies.
The idea of security is what insurance firms rely on to safeguard their clients in the case of a loss.
Customers can feel confident in the knowledge that they are financially protected in the case of a tragedy or unforeseen incident thanks to the security offered by insurance plans.
Without the assurance that insurance plans offer to both individuals and businesses, many people would be unable to recover financially after a significant loss.
Security is symbolized by the letter S in the word "INSURABLE," which serves as a reminder of the value of insurance in preventing monetary losses.
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Adelaide Winery Inc. had a net income before taxes of
$300,000
and sales of
$1,500,000
in 2022 . If it is in the
30%
tax bracket, calculate its after-tax profit margin. [Show detailed calculation with a formula to get proper credit
Answer:
Try using chatgpt to get your answers quickly. Check it out online
Explanation:
The after-tax profit margin is calculated as the after-tax net income divided by sales, expressed as a percentage.
To calculate the after-tax net income, we need to first calculate the amount of taxes owed. We can do this by multiplying the net income before taxes by the tax rate:
Taxes owed = Net income before taxes x Tax rate = $300,000 x 30% = $90,000
The after-tax net income is calculated by subtracting the taxes owed from the net income before taxes:
After-tax net income = Net income before taxes - Taxes owed = $300,000 - $90,000 = $210,000
The after-tax profit margin is calculated by dividing the after-tax net income by sales, and multiplying by 100 to express the result as a percentage:
After-tax profit margin = (After-tax net income / Sales) x 100% = ($210,000 / $1,500,000) x 100% = 14%
Therefore, the after-tax profit margin for Adelaide Winery Inc. is 14%.
The plant manager of a plastic pipe manufacturer has the opportunity to use two different routings for a particular type of plastic pipe. Routing 1 uses extruder A, and routing 2 uses extruder B. Both routings require the same melting process. The following table shows the time requirements and capacities of these processes.
The amount of piping produced is 40.
The total profit is 3500.
How to explain the valueThe amount of piping produced on routing 2 is 40. The final value of Target Cell (Max) is the Total profit of 3500
Refer Sensitivity Report, Allowable Increase of Adjustable Cells
Allowable Increase for Value Routing 1 = 20
Increase from $ 60 to 70 is only 10, which is less than Allowable Increase.
Therefore, the current optimal solution will not change.
Refer Sensitivity Report, Shadow Price of Extruder B Used is 5
Therefore, the maximum amount of money to be paid for an additional hour of Extruder B is 5
Refer Sensitivity Report, Shadow Price of Melting Used is 60. So, selling melting capacity for $ 61 per hour is profitable.
However, allowable decrease is only 5 which means this Shadow Price is applicable for selling 5 hours of melting capacity only. Thereafter, the Shadow Price will change.
Therefore, a maximum of 5 hours of melting capacity should be sold for this price.
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An employee who has __________ is supposed to carry out
specified tasks.
Multiple Choice
responsibility
authority
coordination
unity-of-command
span of control
An employee with responsibility is expected to do specified tasks.
What does it mean to have a task assigned to you and be expected to finish it mean?Delegation is the act of providing another person the authority and duty to complete specific duties (often from a boss to a subordinate). Delegation is the process of assigning work to another person and is one of the key concepts of management leadership.
How should you utilize carry out?The construction is carried out by the local contractor. The prison warden is looking into it. I assume that what I say will be done exactly as I say.
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When listing items in order of importance:
Group of answer choices
a.Bullets are always appropriate
b. A numbered list should be used.
c.The entire list should be in capitals.
When listing items in order of importance,b) a numbered list should be used.
Numbered lists provide a clear and structured way to present information, and the numbering itself helps to convey the hierarchy of the information being presented. Bullets can be appropriate for some types of lists, but when it comes to importance, a numbered list is more effective.
Using all capitals for the entire list is not recommended as it can be difficult to read and can come across as shouting. It is best to use a consistent format for the list, including font size and style, to make it easy to read and visually appealing.
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a new apartment building is going up downtown. the owner secured interim financing for the job. which of these loan types is interim financing?
The loan types which is interim financing is construction loan.
Interim financing is a short-term loan that helps cover expenses during the construction phase of a new project. It is typically a line of credit or a bridge loan that is paid back when the project is complete. Interim financing is a temporary funding solution that is usually used by a borrower before a permanent financing solution is secured.
This type of financing helps the borrower meet short-term funding needs during a project. It is a type of short-term loan that is used to cover expenses while a long-term financing solution is being arranged. Interim financing may be in the form of loans, leases, or credit lines. Interim financing is a type of financing that is utilized for a brief period to meet a temporary funding need. The correct option is construction loan. Interim financing is frequently used in real estate transactions, especially for construction projects.
It assists developers in obtaining the funds they need to complete the project while also allowing them time to arrange more long-term financing. Because of its short-term nature, interim financing is more expensive than conventional financing. Loans from banks and other financial institutions are the most frequent sources of interim financing. A construction loan is a type of interim financing that is frequently used to cover construction expenditures.
The complete question- a new apartment building is going up downtown. the owner secured interim financing for the job. which of these loan types is interim financing? a)House loan b)Construction loan c)Health insurance
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ABC Stock value on the expiration date of call option is $88.50.
The call purchased with a $2.20 premium & an exercise price of
$85, what is the breakeven price? * $88.50. $87.20. $86.30.
The breakeven price is $87.20. So, the correct option is B.
What is breakeven?In finance, the breakeven point refers to the point at which total revenue equals total expenses or costs. There are two primary ways to define and calculate this point, depending on whether you're referring to a company's financial statements or a more detailed budget or cost analysis.
There are several ways to compute a breakeven point for an options contract. The formula for determining the breakeven point is as follows: breakeven = strike price + premium paid.
The given problem can be solved as follows:
Breakeven = Strike price + Premium paid
Breakeven = $85 + $2.20
Breakeven = $87.20
Therefore, the breakeven price is $87.20.
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A company plans to make four annual deposits of $200,000 each to a special building fund. The fund’s assets will be invested in mortgage instruments expected to pay interest at 12% on the fund’s balance.
Note: Use tables, Excel, or a financial calculator. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1)
Required:
Determine how much will be accumulated in the fund after four years under each of the following situations:
1) The $200,000 annual deposits are made at the end of each of the four years and interest is compounded annually.
2) The $200,000 annual deposits are made at the beginning of each of the four years and interest is compounded annually.
3) The $200,000 annual deposits are made at the beginning of each of the four years and interest is compounded quarterly.
4) The $200,000 annual deposits are made at the beginning of each of the four years interest is compounded annually, and interest earned is withdrawn at the end of each year.
1
Table, Excel, or Calc Func Deposit _____
n= _____
i= _____
Fund Balance _____ 2
Table, Excel, or Calc Func Deposit _____ n= _____ i= _____ Fund Balance _____
3
i= n= Deposit Fund Balance
1st Deposit 200000 2nd Deposit 200000 3rd Deposit 200000 4th Deposit 200000 4
Deposit Amount # of Payments Interest left in Fund Fund Balance
200000 _________ _______________ __________
The accumulated fund balance after four years with beginning-of-year deposits, annual compounding, and yearly interest withdrawals is $1,658,789.60.
What is the definition of interest?Interest is a fee charged by a lender to a borrower for the use of borrowed money, usually expressed as a percentage of the amount borrowed (principal). It is essentially the cost of borrowing or lending money.
To solve this problem, we can use the future value of an annuity formula:
[tex]FV = PMT x ((1 + r)^n - 1) / r[/tex]
Where:
PMT = Payment per period (annual deposit)
r = Interest rate per period (annual interest rate divided by the number of periods)
n = Number of periods (the number of years multiplied by the number of periods per year)
End-of-year deposits, annual compounding:
PMT = $200,000
r = 12% / 1 = 12%
n = 4 x 1 = 4
FV = $200,000 x ((1 + 0.12)^4 - 1) / 0.12
= $979,690.56
Therefore, the accumulated fund balance after four years with end-of-year deposits and annual compounding is $979,690.56.
Beginning-of-year deposits, annual compounding:
PMT = $200,000
r = 12% / 1 = 12%
n = 4 x 1 = 4
[tex]FV = $200,000 x ((1 + 0.12)^4 - 1) / 0.12 x (1 + 0.12)[/tex]
= $1,101,226.62
Therefore, the accumulated fund balance after four years with beginning-of-year deposits and annual compounding is $1,101,226.62.
Beginning-of-year deposits, quarterly compounding:
PMT = $200,000
r = 12% / 4 = 3%
n = 4 x 4 = 16
[tex]FV = $200,000 x ((1 + 0.03)^16 - 1) / 0.03 x (1 + 0.03 / 4)[/tex]
= $1,118,329.83
Therefore, the accumulated fund balance after four years with beginning-of-year deposits and quarterly compounding is $1,118,329.83.
Beginning-of-year deposits, annual compounding with yearly interest withdrawals:
PMT = $200,000
r = 12% / 1 = 12%
n = 4 x 1 = 4
[tex]FV1 = $200,000 x ((1 + 0.12)^4 - 1) / 0.12[/tex]
= $979,690.56
FV2 = $200,000 x (1 + 0.12)
= $224,000
FV3 = ($979,690.56 + $224,000) x (1 + 0.12)
= $1,317,707.63
FV4 = ($1,317,707.63 + $224,000) x (1 + 0.12)
= $1,658,789.60
Therefore, the accumulated fund balance after four years with beginning-of-year deposits, annual compounding, and yearly interest withdrawals is $1,658,789.60.
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The Beach Dude (BD) employs a legion of current and former surfers as salespeople who push its surfing-oriented products to various customers (usually retail outlets). This case describes BD’s sales and collection process.
Each BD salesperson works with a specific group of customers throughout the year. In fact, they often surf with their customers to try out the latest surf gear. The BD salespeople act laid-back, but they work hard for their sales. Each sale often involves hours of surfing with their customers while the customers sample all the latest surf wear. Because BD makes the best surfing products, the customers look forward to the visits from the BD salespeople. And they often buy a lot of gear. Each sale is identified by a unique invoice number and usually involves many different products. Customers pay for each sale in full within 30 days, but they can combine payments for multiple sales.
BD manages its clothing inventory by item (e.g., XL BD surfer logo T-shirts), identified by product number, but it also classifies the items by clothing line (the lines are differentiated by price points as well as the intended use of the clothing, e.g., surfing products, casual wear, etc.).
Draw a UML class diagram that describes the Beach Dude’s sales and collection process. Then, use your diagram to answer the following questions about this diagram.
А
1..1
F
1
5
8
Sales
11
12
6
2
B
3
7
0
14
13
0..*
D
Employees
10
4
15
С
16
E
a. Use the list of potential class names listed below. Identify the appropriate class name for each letter, A through F, in the diagram above. Enter the number of the class name next to the letter below.
Potential class names:
Accounts Receivable
Beach Dude Products
Cash
Cash Receipts
Clothing Lines
Customers
Customer Orders
Customer Returns
Sales
Not a class in this Beach Dude diagram
Enter the number of the class name next to the correct letter:
Class Name #
A.
B.
C
D.
E.
F.
b. Use the list of potential multiplicities listed below to identify the multiplicities that should replace the numbers, 1 to 16, on the diagram.
Potential multiplicities:
0..0
0..1
1..1
0..*
1..*
*..*
Not an association for the Beach Dude diagram so no multiplicity required
Enter the number of the correct multiplicity for each number on the diagram here.
1.
2.
3.
4.
5.
6.
7.
8.
9
10.
11.
12.
13.
14.
15.
16.
Show transcribed image text
The minimum multiplicities between BD Products and Clothing Line are set to 0 by default since it can be assumed that product items and clothing lines are defined before the links are defined.
Why are they set to zero by default?The minimum multiplicities between Employees and Customers are set to 0 since some employees may not work with customers, and some customers may not have an assigned salesperson, yet. The student may make alternate assumptions but should document those assumptions.
The relational table needed to be framed to describe the UML diagram, where PK is Primary Key, can be made as follows: (see attached image)
One way to determine the accounts receivable balances for each customer:
1. Use the Customers and Sales tables. Sum the Invoice Total from Sales and Group By Customer #.
2. Use the Customers and Cash receipts tables. Sum the Cash receipt amount and Group By Customer #.
3. Use the two queries outlined above. Join them by Customer #. Compute the difference between the Sum of the Sales Amount and the Sum of the Cash receipt amount to determine each Customer’s accounts receivable.
UML Class Diagram is shown below:
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Identify two reasons for a profit and loss statement to be created and distributed to there
stakeholders?
The two reasons for a profit and loss statement to be created and distributed to there stakeholders are - To demonstrate the financial success of the business, To inform decision-making.
A profit and loss statement is an important financial document used to summarize the financial performance of a business over a period of time. It is typically created and distributed to stakeholders, such as investors, lenders, and creditors, in order to provide an overview of the company's financial performance.
The two primary reasons for creating and distributing a profit and loss statement are:
1. To demonstrate the financial success of the business: A profit and loss statement provides a clear, comprehensive overview of the company's financial position over the stated period of time. This allows stakeholders to gain insight into how the company is performing and understand its overall financial health.
2. To inform decision-making: A profit and loss statement can be used to inform stakeholders of their investments and help them make informed decisions. The document also provides stakeholders with a way to compare the performance of their investments over different periods of time.
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budget deficits: a always increase when unemployment increases and increase when real gdp increases. b always decrease with inflation and increase with deflation. c always increase when unemployment increases and fall when unemployment falls. d always increase when aggregate price level increases and fall when aggregate price level falls. e always decrease when unemployment increases and increase when unemployment falls.
A budget deficit will always increase when unemployment increases and increase when real GDP increases. (A)
This is because an increase in unemployment leads to a decrease in the total tax revenue, which leads to an increase in the budget deficit. An increase in real GDP will lead to an increase in the government's income and will lead to a decrease in the budget deficit.
Inflation and deflation will have different effects on the budget deficit. An increase in inflation will lead to a decrease in the budget deficit, while a decrease in inflation will lead to an increase in the budget deficit.
This is because when inflation increases, prices rise, which leads to an increase in the government's revenue. A decrease in inflation will lead to a decrease in the government's revenue and an increase in the budget deficit.
Finally, the budget deficit will always increase when unemployment increases and fall when unemployment falls. This is because an increase in unemployment leads to a decrease in the total tax revenue, which leads to an increase in the budget deficit.
Conversely, a decrease in unemployment leads to an increase in the total tax revenue, which leads to a decrease in the budget deficit. (A)
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listed below are year-end account balances ($ in millions) taken from the records of symphony stores. debit credit accounts receivable $ 676 building and equipment 927 cash 52 interest receivable 49 inventory 35 land 157 notes receivable (long-term) 471 prepaid rent 25 supplies 12 trademark 44 accounts payable $ 570 accumulated depreciation 67 additional paid-in capital 468 dividends payable 26 common stock (at par) 17 income tax payable 52 notes payable (long-term) 897 retained earnings 318 deferred revenue 33 totals $ 2,448 $ 2,448 what would symphony report as total current assets? multiple choice $1,722 million $864 million $849 million $889 million
Symphony would report total current assets as $849 million. Therefore, the correct option is option 3.
A current asset is a company’s short-term asset. They are also referred to as working capital, and they are vital in providing cash flows to support a company’s operations. Current assets are categorized as assets that are expected to be sold or converted to cash in a year or less, and they are listed in order of liquidity. The most liquid assets come first, followed by those that are less liquid, and so on.
To find the total current assets, we need to sum up all the current assets from the given account balances. Current assets include:
1. Accounts receivable: $676 million
2. Cash: $52 million
3. Interest receivable: $49 million
4. Inventory: $35 million
5. Prepaid rent: $25 million
6. Supplies: $12 million
Now, we will add up these amounts:
Total current assets = $676 + $52 + $49 + $35 + $25 + $12 = $849 million
So, the total current assets for Symphony Stores are $849 million. Hence, option 3 is the correct answer.
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Antoinette owns 400 shares of common stock of Gertz Incorporated which she acquired on May 28, 2015, for $43120. On April 14, 2020, Antoinette received 40 shares of Gertz’s common stock. The fair market value of the 40 shares on April 14, 2020, was $6272. Gertz’s current E&P for 2020 was $30400. Assume that the stock dividend was disproportionate, determine the tax basis of the new 40 shares. [For your answer, please ignore the dollar sign and the comma.]
The tax basis of the new 40 shares is $2,705.
What is the solution?Tax basis = Adjusted basis x Distribution ratio
Adjusted basis = Original Cost + Purchase price of shares = $43120 + $6272 = $49392.
Distribution ratio = FMV of New shares / FMV of Old Shares = $6272/$43120 = 0.1453540 shares received = 400 shares x 0.14535 = 58.14154 shares (rounded to nearest whole number)
Tax basis of the new 40 shares = Adjusted basis x Distribution ratio = $49392 x 0.14535 = $2,705.
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Prepare an individual report that must address: What business model does the US Army use? What is the US Army's vision and mission? What objective evidence is there that the US Army organization's vision, mission, and objectives is helping it gain a sustainable competitive advantage? Only briefly touch on what objective evidence, using the Three Tests of a Winning Strategy, is there that your organization’s vision, mission, and objectives support its strategy? Be sure to introduce your argument, explain your understanding of key terms, present your reasoning, and include independently verifiable supporting evidence.
The US Army has a clear business model, mission, and vision that guide its strategic direction which help them gain competitive advantage in the market due to its high-quality training and resources.
Three Tests of a Winning Strategy evaluate the effectiveness of the organization's strategy, which has been successful in the US Army.
In the modern-day, businesses must have clear strategies to remain competitive in the market. A business model is a tool that organizations use to enhance their market position. On the other hand, the vision and mission statements guide the organization's strategic direction. The US Army is no exception, and it has a clear business model, mission, and vision to guide its operations. The US Army is a government organization that has different objectives from the private sector organizations.
Business ModelThe US Army has a unique business model that involves recruiting soldiers who undergo training to serve in the military. The soldiers are trained in different areas such as combat and logistics, among others. Once the soldiers complete their training, they are deployed to serve in different parts of the world. The US Army's operations are mainly financed by the government and other donors who support the organization's activities.
Mission and VisionThe US Army's mission statement is to defend the United States, protect its interests, and deter its adversaries. The vision of the US Army is to be the most trusted and respected organization globally. The mission and vision statements guide the organization's strategic direction.
Objective EvidenceThe Three Tests of a Winning Strategy are an essential tool that organizations use to evaluate their strategies' effectiveness. The tests include the Fit Test, Competitive Advantage Test, and Performance Test. The Fit Test assesses how well an organization's strategy aligns with its internal and external environment. The Competitive Advantage Test evaluates whether the strategy gives the organization a competitive edge in the market. Lastly, the Performance Test evaluates how well the organization's strategy is leading to positive results.
The US Army's vision, mission, and objectives align with the Fit Test since they guide the organization's strategic direction. Additionally, the US Army has a competitive advantage in the market due to its high-quality training and resources. Finally, the organization's strategy has led to positive results since it has been able to protect the United States and deter its adversaries.
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What is a highly leveraged debt-to-equity ratio?
A highly leveraged debt-to-equity ratio refers to a financial ratio that indicates how much of a company's capital comes from borrowed funds compared to shareholders' equity.
A leverage ratio is a financial metric that assesses the amount of debt a company holds relative to its equity. The leverage ratio examines the extent to which the business relies on debt to finance its operations compared to equity. A leverage ratio of 2:1 indicates that the business has twice as much debt as equity. Highly leveraged debt-to-equity ratio in a highly leveraged debt-to-equity ratio, a company has borrowed more money than it has in equity. A high leverage ratio can increase the company's risk, as it may struggle to meet its financial obligations if the business does not generate enough revenue to cover the cost of the debt.
Therefore, a company with a high leverage ratio may be viewed as risky, and its investors may be reluctant to invest in its securities. When assessing the solvency of a company, investors should be aware of the company's leverage ratio. A leverage ratio that is too high could indicate that the company is in financial distress. A low leverage ratio, on the other hand, implies that the business is financially stable and has the capacity to weather economic turbulence.
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Imagine that you are the recruiting manager for RTMM Inc., rate is to cnhance candidates
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understanding of the company a software development company. You have had trouble per- and its value proposition. To thoroughly identify the bensuading top candidates to join your firm because it is not yet efits of the job and of working for RTMM, you conducted well known. You have attracted a sufficient number of quali- focus groups with your current software engineers to learn fied candidates, but too many of them are tuming down your what they valued about their jobs and about the company. job offers and accepting opportunities with your competitors. This is the job rewards matrix you created through these Based on your conversations with job candidates, you focus groups: think that the key to increasing your job offer acceptance Your assignment is to identify the types of people who Jackson, persuading her to accept your previously extended, might be attracted to this opportunity, and to write a one- competitive job offer. page letter to a hypothetical job offer recipient named Keisha
The job rewards matrix suggests that RTMM offers its employees a good work-life balance, job security, and a positive company culture.
These are the key benefits that job candidates might find attractive. To increase job offer acceptance, RTMM should highlight these benefits in its job postings and interviews. It should also consider offering more competitive salaries and benefits packages to match those of its competitors.
Keisha Jackson might be attracted to RTMM's company culture, which values teamwork and innovation. She may also appreciate the work-life balance that RTMM offers, as it allows her to pursue her personal interests outside of work.
In the one-page letter, RTMM should highlight these benefits and make a compelling case for why Keisha should choose to work for the company.
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cdw is a technology-related firm based in chicago. the company maintains a dedicated salesforce of account executives who are organized into a variety of divisions to primarily serve their business customers. cdw purchases equipment from manufacturers such as dell, asus, and microsoft that is then sold online or via inbound or outbound telemarketing. cdw is classified as a(n) .
Based on the information provided, CDW is classified as a technology reseller or technology products and services provider.
A reseller is a company or individual that purchases goods or services with the intention of selling them rather than consuming or using them. Yes, CDW is a technology reseller as they purchase technology products from manufacturers such as Dell, Asus, and Microsoft and then sell them to their business customers online or via inbound or outbound telemarketing. In this case, CDW purchases equipment from manufacturers and then sells it to their business customers through various channels such as online sales and telemarketing.
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journalize the mar. 31 summary entries to record each of the following operations for march (one entry for each operation). refer to the chart of accounts for the exact wording of the account titles. cnow journals do not use lines for spaces or journal explanations. every line on a journal page is used for debit or credit entries. do not add explanations or skip a line between journal entries. cnow journals will automatically indent a credit entry when a credit amount is entered. a. direct and indirect materials used. b. direct and indirect labor used. c. factory overhead applied to all four jobs (a single overhead rate is used based on direct labor cost). d. completion of jobs 301 and 302.
When a credit amount is entered, the journal will automatically indent it to signify that it is a credit entry. Do not add explanations or skip a line between journal entries, as all lines on a journal page should be used for debit or credit entries.
A. To record the direct and indirect materials used, debit Materials Inventory and credit Cash for the total cost of the materials.
B. To record the direct and indirect labor used, debit Salaries and Wages Payable and credit Cash for the total cost of the labor.
C. To record the factory overhead applied to all four jobs, debit Factory Overhead and credit Work in Process Inventory for the total cost of the overhead.
D. To record the completion of Jobs 301 and 302, debit Work in Process Inventory and credit Finished Goods Inventory for the total cost of the jobs.
When journalizing the March 31 summary entries, it is important to ensure that each entry is accurate and complete. It is also important to ensure that the correct account titles are used. To make the journal entry, debit and credit the appropriate accounts, and enter the total cost of each operation. Make sure to use the same account title wording as it appears in the chart of accounts.
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All of the following would cause aggregate demand to shift except a
change in consumer spending.
change in productivity.
change in investment spending.
change in exports.
change in imports.
Consisting of consumption, investment, government spending, and net exports, aggregate demand is the total of these four factors.
Which of the following may cause inflation that is fueled by consumer demand?An expanding economy, higher government spending, or globalisation may all be factors driving demand-pull inflation.
Price increases could be caused by either an unusually high demand or a short supply. Inflation that is driven by demand occurs when there is an imbalance between the growing supply of products and services and the escalating demand for those goods and services.
Do rising demand and inflation go hand in hand?As demand outpaces supply in an expanding economy, prices can be raised by enterprises. Hence, the rate of inflation rises as a result.
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What economic principle is related to a property’s most profitable use that is both legal and economically feasible?
At the successful completion of this course, students will be able to:The given organization for this Assessment is Briscoes Group and you need to access their annual financial reports for 2021 and 2022 which contains a wealth of information of the organization, their strategic goals and their results based on their goal setting.1. Analyse the business planning process.2. Identify stakeholder roles in business planning and assess their contribution.3. Evaluate an organisation’s business plan.Introduction to theorganisation· Introducethehostorganisationandtheindustrytheyoperatewithin.· Evaluate the performance of the company using the data available in the reports.· Reference to the organisation's website, social media pages and using valid and relevant sources must be provided.The business plan processLO1· Explain how the business planning and the monitoring assists the organisations, managers and individual employees to achieve results. Give examples from the given organization to support your statements.· Briefly explain the business operational plan stated with examples.· List the steps involved in the business planning process, supported by examples from the information stated in the organisation annual reports.Stakeholder Role in business planning and assess their contribution.LO2· Identify 5 key primary stakeholders (only the primary stakeholders)for the given organization and discuss their individual role in the business planning.· Discuss the role of the stakeholders in business planning.· How can one assess the contribution of these identified stakeholders? Support your arguments from the examples from the annual reports.Evaluation of business plan of the organizationLO3· Apply a suitable internal analysis tool to support your narration for the following:· Describe the strategic goals/action/Objectives stated in the 2021 Annual Report and explain how they have been achieved or the progress made as stated in annual report of 2022 by giving examples. You must detail whether the measurement criteria are appropriate or not and critically evaluate what else could be included in the measurement criteria.· Conclusion :Conclude your evaluation stating what has worked and what else could have been done to achieve the organisation objectives.
At the successful completion of this course, students will be able to analyse the business planning process, identify stakeholder roles in business planning and assess their contribution, and evaluate an organisation's business plan. Briscoes Group's business plan has been successful in achieving its objectives.
The host organisation of this assessment is Briscoes Group, and their performance can be evaluated by accessing their annual financial reports for 2021 and 2022. These reports contain a wealth of information about the organisation, their strategic goals, and their results based on their goal setting.
The business planning process assists the organisation, managers, and individual employees to achieve results. It involves creating a plan, setting goals and objectives, monitoring progress, and making changes as necessary. The organisation's annual report will provide examples of this process.
The primary stakeholders for Briscoes Group are customers, suppliers, employees, owners, and the government. Each of these stakeholders has a role to play in business planning, such as customers providing feedback on products and services, suppliers providing the necessary resources, employees providing labour, owners providing capital, and the government providing regulation. These stakeholders can be assessed for their contribution to the business plan by evaluating how their input has influenced the organisation's overall objectives.
An internal analysis tool can be used to evaluate Briscoes Group's strategic goals, actions, and objectives. The 2021 Annual Report states the organisation's objectives and how they are to be achieved, while the 2022 Annual Report provides examples of progress made towards those objectives. The measurement criteria can then be evaluated to assess whether they are appropriate or not. Further analysis could include the evaluation of factors such as market conditions and the organisation's competitors.
In conclusion, Briscoes Group's business plan has been successful in achieving its objectives. However, there are always ways in which the organisation could improve, such as by monitoring the performance of competitors and adjusting its objectives accordingly.
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Keon Kenan works for his parents’ construction company in Fort McMurray. Most recently, they asked him to explore the implications of a supplier being late with some lumber for a house they were building. While the price of lumber can go up very quickly, the lateness of the delivery meant that subsequent elements of the project would be delayed. Kenan’s parents were concerned that the delays could potentially affect the start of the company’s next project.
a. Is the late delivery of the lumber an example of a breach of contract by the supplier?
b. Keon’s parents are expecting information on the options available to them at this point. What should Keon say?
a. The late delivery of the lumber may be considered a breach of contract by the supplier if there was a specific delivery date agreed upon in the contract. b. Keon should inform his parents of the options available to them in the event of a breach of contract.
A)If the supplier failed to meet this agreed upon date, then they may be in breach of contract. However, if there was no specific delivery date mentioned in the contract, then the late delivery may not be considered a breach of contract.
B)One option could be to negotiate with the supplier for a discount on the lumber due to the delay. Another option could be to seek damages from the supplier for any losses incurred as a result of the late delivery, such as additional labor costs or penalties for not completing the project on time. Keon should also consider the possibility of finding a new supplier for future projects if the current supplier continues to have issues with timely delivery.
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Question 1
Bell Ltd. exchanged a piece of equipment for land and paid $10,000 cash. The equipment
was acquired at a cost of $420,000 in previous years. At the date of exchange, the
equipment has a carrying amount (net book value) of $295,000 and the land has a fair
market value of $320,000.
Required:
Provide the entry that Bell Ltd. should record for this transaction.
The entries that Bell Ltd. should record for this transaction are: Debit Land for $320,000, Debit Loss on Disposal of Equipment for $125,000, Credit Equipment for $420,000, Credit Cash for $10,000.
The company exchanged a piece of equipment for land and paid cash as well. The fair market value of the land acquired is $320,000 and the carrying amount of the equipment is $295,000. This means that the company has incurred a loss on the disposal of the equipment, which is calculated as follows:
Carrying amount of equipment = $295,000
Fair market value of land received = $320,000
Loss on disposal of equipment = $295,000 - $320,000 = ($25,000)
Therefore, the company should record a loss on the disposal of equipment for $125,000 ($25,000 x 5) to reflect the fact that the equipment was exchanged for land with a higher fair market value.
The entry above reflects the transaction by debiting Land for its fair market value and debiting Loss on Disposal of Equipment for the loss on the exchange. The cost of the equipment is credited, and the cash paid is also credited.
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Your calendar year company completes a $6,000 job, of which $1,000 has been received by year end and credited to Revenue. If you discover before the books are closed that no adjusting entry was made, your correcting entry will: debit Accounts Receivable for $6,000 credit Revenue for $5,000 credit Accounts Receivable for $5,000 debit Revenue for $5,000
If you discover before the books are closed that no adjusting entry was made, your correcting entry will B. credit Revenue for $5,000.
How to correct the entry ?Even though the entire $ 6, 000 has not been received by year's end, this amount still needs to be recorded thanks to the Accrual basis of Accounting.
The $ 5, 000 which remained will go to revenue in the Income statement and the same amount will go to Accounts Receivable as a debit to show that the services have not been paid for. This would ensure that the $ 5, 000 is recorded for the year the services happened.
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determine the fair value measurement of the investment in javier inc. if exchange one is determined to be the principal market. $answer
To determine the fair value measurement of the investment in Javier Inc. if exchange one is determined to be the principal market, we need to look at the price at which the investment can be sold in that market.
The fair value measurement is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.
Here are the steps to determine the fair value measurement of the investment:
1. Identify the principal market for the investment. In this case, it is exchange one.
2. Determine the price at which the investment can be sold in that market. This price is the fair value measurement of the investment.
3. If there are any transaction costs associated with selling the investment, subtract those costs from the price to get the net fair value measurement.
4. Report the net fair value measurement of the investment on the financial statements.
So, the fair value measurement of the investment in Javier Inc. if exchange one is determined to be the principal market is $answer.
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What is the value of a bond if the present value of interest
cash flows is $200 and the present value of the face value to be
received when the bond matures is $150?
If the present value of the cash flows from interest payments is $200 and the present value of the face value that will be received when the bond matures is $150, the bond's value will be $350.
How do you calculate a bond's face value?
When calculating a bond's worth at any given time, sum the present value of interest payments and the present value of the principal you would get upon maturity.
Which bond's face value is paid back at maturity at a price less than the bond's purchase price?
Option D, "discount bond," is the appropriate response to the question. A bond that is issued at a price lower than the market rate is known as a discount bond. At maturity, the investor receives the face value plus interest. A bond of this type could have zero or one coupon.
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Discuss the attitudes toward luxury categorized according to SRI Consulting Business Intelligence.
Describe FIVE (5) of the obstacles to measuring social class in today's society.
SRI Consulting Business Intelligence categorizes attitudes toward luxury into three distinct types that are traditional luxury, luxury for value, and new luxury. Five obstacles to measuring social class in today's society are social class is difficult to define, there are no standard definition, change in economy and society, people are unwilling to disclose information, and it may change over time.
A luxury item refers to an item which is not necessary to live, but it is deemed highly desirable within a culture or society. SRI Consulting Business Intelligence has identified different attitudes toward luxury that can be useful for marketers to understand and target their audience effectively.
These attitudes range from those who view luxury as a symbol of success and achievement to those who prioritize the experiential aspect of luxury over material possessions. By understanding these attitudes, businesses can tailor their marketing strategies to appeal to their target audience specific mindset towards luxury. The three attitudes toward luxury are traditional luxury, luxury for value, and new luxury.
Measuring social class in today's society has proven to be a challenging task because of the following obstacles:
1. Social class is a complicated concept that is difficult to define or describe. Social class is usually defined by factors such as occupation, education, and income, but these variables may not accurately reflect a person's position in society.
2. There is no standard definition of social class, and different researchers may use different criteria to define it. This lack of consistency makes it difficult to compare research findings across studies.
3. Changes in the economy and society have made it difficult to measure social class accurately. For example, the growth of the service sector has created new types of jobs that did not exist in the past, making it difficult to classify people into traditional social class categories.
4. People may not be willing to disclose their income or other information that could be used to determine their social class.
5. People's social class may change over time, making it difficult to use a single point in time to measure it.
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