Sarah purchases property for a new storage facility. Real estate agent commissions, demolition costs, and legal fees to secure title items are all capitalized in the cost of land.
What is demolition costs?The cost incurred to demolish all or part of the Property, including the cost of clearing the site, if any law or ordinance in effect at the time of loss requires such demolition. A building's demolition cost is usually proportional to its square footage. The national average for commercial demolition is typically $4 to $8 per square foot, so multiplying the square footage by a dollar amount in that range will give you an idea of the costs associated with demolition. While demolition costs are not deductible, a taxpayer may claim a loss deduction if depreciable business property is retired from use in a trade or business or from use in income production.To learn more about demolition costs, refer to:
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which of the following statements regarding exporting is false? group of answer choices because it is the easiest form of going international, exports are not as important to the us economy. export can be indirect where companies rely on intermediaries to sell overseas. export can be of the passive form where overseas orders are treated like domestic orders. exporting is the easiest of entry-mode strategies.
The statement regarding exporting is false is because it is the easiest form of going international, exports are not as important to the US economy. Because in the real fact, exporting is the main point for US economy.
Exporting can be described as the process by which companies from one country sell their services and goods to consumers or companies in a different country. In the global trade, the foreign buyer in exporting is called as an importer which the seller of such goods or the service provider in exporting is called as an exporter. There are two types of exporting, such as direct exporting and indirect exporting.
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a credit policy that is too tight results in: multiple choice question. decreased sales volume accompanied by a high level of losses a low level of losses accompanied by an decrease in sales volume increased sales volume accompanied by a high level of losses
A credit policy that is too tight results in a low level of losses accompanied by an decrease in sales volume.
What is credit policy?A credit policy provides rules that define the amount of credit extended to consumers and how overdue account collections are to be handled. The policy is a crucial component of a company's finances since it affects both the amount of bad debt losses and the amount of working capital needed to support accounts receivable. The subjects listed below are often covered by a credit policy.
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a company is in its first month of operations. on january 15, the company receives $600 from customers who will receive 10 voice lessons ($60 per lesson). as of january 31, the company has provided 8 voice lessons. what adjusting entry would be made at the end of january? post the adjusting entry for the scenario provided.
Service Revenue $480 would be made at the end of the january.
On Jan 31 Unearned revenue = (8x $60)
=$480
Service revenue = $480
Only a portion of the lessons are given this month; the remainder must be paid for next. Therefore, only the revenues that correspond to the rendered services will be recognized. Because there are only 8 classes available this month, only 8 lessons' worth of money will be recorded in January. After the lessons are delivered, the income for the remaining lessons will be recognized in the next month. Unearned revenue will be recorded up to the amount of services rendered. As a result, liability will decline while Service revenue rises.
Unearned revenue is income earned for services that have not yet been rendered. When a service is rendered in exchange for the income, the accrual system recognizes it.
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what is the business strategy here (or competing dimensions) and what is the appropriate process type to match with the strategy (e.g., assembly line or batch or job shop, etc.)?
Operations management is a delivery-focused sector of business that makes sure an organization efficiently converts inputs to outputs. The inputs themselves could be anything, including supplies, machinery, and technology, as well as human resources like employees or staff.
What is operations management and what are some examples?Planning, coordinating, and monitoring business procedures to maximize efficiency and ensure that corporate processes are adding value is known as operations management. It entails planning and managing the procedures that turn resources like labor, machinery, and raw materials into finished goods and services.Utilizing resources, people, materials, and equipment efficiently is the overarching purpose of operations management in order to balance supply and demand.Waste Reduction - One of the most crucial elements of operations management is waste reduction. Lean manufacturing techniques and JIT scheduling to control inventory costs are only a couple of the methods that may be utilized to find and get rid of waste in manufacturing operations.You have the chance to make your manufacturing process more effective by using operations management. Additionally, you can enhance how your raw materials are kept in storage. The benefit of this is that you may minimize losses and, consequently, harm.To Learn more About Operations management refer to:
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a commercial bank sells a treasury bond to the federal reserve for $100,000. the potential money supply: multiple choice decreases. increases. is unaffected by the transaction.
A commercial bank sells a treasury bond to the federal reserve for $100,000 the potential money supply, increases.
What is the potential for making money?The process through which a nation, or an economic or monetary region, increases its money supply is known as money creation, sometimes known as money issuance. When a country's money supply is measured, the entire amount of cash and other liquid assets that are in circulation are referred to as the money supply. The following are the formulas for calculating changes in the money supply. First, Money Multiplier equals Reserve Ratio / 1. Use the equation Change in Money Supply = Change in Reserves × Money Multiplier to get the maximum change in the money supply.
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who among the following individuals received an intrinsic reward? jake, who received a one-time payment from the management for his 7-year tenure at the company fiona, who received a travel voucher for exceeding the monthly sales target shiraz, who was allowed to choose the work project that interested him the most for his next assignment ritu, who was given the option of buying the company stocks as a reward for her exceptional leadership
Ritu received the intrinsic reward who was allowed to choose the work project that interested her the most for the next assignment.
Employees that do a good job at their jobs are intrinsic reward. These are frequently psychological and may include a sense of accomplishment and pride for making particular progress at work. Since everyone may feel rewarded for different accomplishments, such as finishing tasks, developing new skills, or supporting a team effort, each person may experience intrinsic rewards that are different from one another.
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The dial on a combination lock contains markings which represent the numbers from 0 to 39. How many 3- number combinations are possible if the first and the second must be different odd numbers, while the third number must not be an odd number?.
The lock has 64,000 different possible combinations. The lock employs the numbers 0 to 39 in the challenge. Comparatively, this 3-dial lock (three wheels, each with digits 0-9) provides 1,000 potential combinations based on 10 x 10 x 10.
How is a three-digit lock code set?To align the metal tab with the groove on the front of the lock, rotate the shackle 90 degrees. In order to get the correct combination, push the shackle downward while turning the numbers. Put an end to pressing down on the shackle once the combination has been established. Reinstall the shackle in the lock. The dial is attached to a built-in mechanism that typically has three distinct wheels with notches, or gates. Each wheel needs to be in place for the fence to slide into the gates and for the lever holding the lock in place to release, allowing the lock to open. A form of door hardware known as a multipoint locking system locks at various locations throughout
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at year end, a client informs her rr that her employer did not make a matching contribution into her 401(k) account this year. the rr should respond by stating that
An employer being a sponsor of a 401(k) plan is not required by law to make a make a matching contribution on behalf of their employees.
Elaborate on 401k plan.Many American firms provide 401(k) plans, which are retirement savings plans with favourable tax treatment for the saver. It bears a section number from the United States Internal Revenue Code (IRC).
When a worker enrolls in a 401(k), they consent to have a portion of each pay check put directly into an investing account. A portion or the entire contribution may be matched by the employer. The employee has a variety of investing alternatives, most often mutual funds. To encourage Americans to save for retirement, the US Congress created the 401(k) plan. Tax savings is one of the advantages they provide.
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which of the following statements is consistent with a given (i.e., fixed) lm curve? a) a reduction in the interest rate causes investment spending to increase. b) a reduction in the interest rate causes money demand to decrease. c) a reduction in the interest rate causes an increase in the money supply. d) an increase in output causes an increase in demand for goods. e) an increase in output causes an increase in money demand.
An increase in output causes an increase in money demand is consistent with a given LM curve. The entire quantity of money that a population wishes to own in an economy is known as the money demand.
The money demand reflects consumers' and companies' desire to hold assets in a form that can be quickly converted into products and services. Money differs from other asset classes in large part due to its spendability (or liquidity). Because of this, the need for liquidity is also used to describe the need for money.
The LM curve displays the real income levels and interest rate mixtures that cause the money market to be in equilibrium. Where money demand and money supply are equal is shown. The independent variable for the LM curve is income, while the dependent variable is the interest rate.
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american express charges a 5% discount fee on the $100 sale charged by a customer and remits the balance to the company. the company will record an entry on the date of the sale that includes a: multiple select question. debit to accounts receivable for $95 debit to accounts receivable for $100 debit to credit card expense for $5 credit to sales for $100 credit to credit card expense for $5 credit to sales for $95
American express charges a 5% discount fee on the $100 sale charged by a customer and remits the balance to the company. the company will record an entry on the date of the sale that includes a MacKenzie:
Debit Credit Card Expense $27.2, Debit Cash $652.8, and Credit Sales $680 According to the inquiry, MacKenzie Company sold $680 worth of goods to a customer who used a Regional Bank credit card. Regional Bank charges a 4.0% service fee for purchases made with its credit cards.
Further information indicates that MacKenzie sends credit card sales receipts to the credit card issuer online and receives money in around 5 days.
For the purposes of recording in the journal entry, it should be noted that a debit will be made for a card expense of (4% $680) = $27.2, leaving a credit for $680 in sales and a debit of $680 for cash ($680 - $27.2 = $652.8).
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g if a check correctly written and paid by the bank for $442 is incorrectly recorded in the company's books for $380, how should this error be treated on the bank reconciliation?
Based on the fact that the check was correctly written when paid by the bank, but the check was incorrectly recorded in the company books, the error can be treated by adding $62 to the book balance.
How to reconcile an incorrectly recorded check?When a check is recorded incorrectly in books of the company, there would need to be a bank reconciliation that would see the difference in the check amounts being added or subtracted depending on the error.
If the check is recorded incorrectly but is lower than the actual amount as is the case here, the difference should be added to the book balance.
That difference is:
= 442 - 380
= $62
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an advantage to the corporation of issuing zero coupon bonds is multiple choice lower interest rates than conventional bonds. none of these options are advantages. tax benefits due to amortization. cash outflow with lower cash inflow than conventional bonds.
An advantage of issuing zero-coupon bond by corporation is that they have lower interest rates than conventional bonds. Correct option is (a).
An accrual bond, also referred as a zero-coupon bond, is a financial security that doesn't pay the interest but trades at a substantial discount, earning profit when it matures and therefore is returned for its full-face value.
Zero coupon bonds typically have extended maturity dates; many more are delayed by 10, fifteen, or maybe more years. An investor can plan for a longer-term objective, like as financing for a child's college education, that use these long-term maturity dates. An investor can use the substantial discount to invest a small sum of money that will rise over several years.
Normally zero-coupon bonds are issued at deep discount and at the time of maturity they are redeemed at par, the difference between issue value and redemption value is the interest earned by investor.
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spencer co. has a $320 petty cash fund. at the end of the first month the accumulated receipts represent $55 for delivery expenses, $175 for merchandise inventory, and $24 for miscellaneous expenses. the fund has a balance of $66. the journal entry to record the reimbursement of the account includes a:
A petty cash fund is a small sum of company money that is frequently kept on hand (for example, in a secured drawer or box) to cover unimportant or trivial expenses like office supplies or employee reimbursements
Explain about the petty cash?The fund must be reconciled every week by the Custodian. Petty Cash transactions are restricted to $100 per seller each day. Petty Cash funds should be refilled either once per month or when total receipts reach $200, whichever comes first.
Explanation:
Due to that,
Petty cash account: $320
Total proceeds for delivery costs come to $55.
Inventory of goods = $175
Total miscellaneous costs: $24
Fund balance is $66
Therefore,
The following is the journal entry for the account's reimbursement:
A/C doctor's delivery fees were $55.
A/C Dr. $175 in inventory of goods
Additional costs A/c Dr. $24
To Cash A/c $254
(To document the payment of petty cash)
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three components down, one to go! that last component is called net exports. for example, let's start with an economy with consumption of $350, economic investment of $200, and government purchases of $180. if overall gdp calculated via the expenditure method is $700, then what must that tell us about net exports?
The situation tells us that net export must be less than economic investment.
A country's overall trade is gauged by its net exports. The calculation of net exports is as easy as subtracting the value of all the products and services a country exports from the value of all goods and services it imports. A country with positive net exports has a trade surplus, whereas a country with negative net exports suffers a trade deficit. Thus, a country's net exports are a part of its overall trade balance. A nation with positive net exports makes more money from items sold abroad than it does from all of its imports. All of the products and services that a nation exports to other countries include goods, freight, travel, tourism, and communications or economic transactions include net exports.
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johnson's selling and administrative budget is based on budgeted unit sales, which are 4,600 units for august. the variable selling and administrative expense is $7.30 per unit. the budgeted fixed selling and administrative expense is $51,980 per month, which includes depreciation of $6,440 per month. the remainder of the fixed selling and administrative expense represents current cash flows. the cash disbursements for selling and administrative expenses on the august selling and administrative expense budget should be:
The total cash disbursed for selling and administrative expenses for the month of August is $79120
Included under selling expenses are costs related to selling the company's goods. The costs the company incurs to run its business are included in the administrative expense.
Number of units sold by Johnson's = 4600 units
Variable selling and administrative expense per unit = $7.30 per unit
Total variable selling and administrative expense for 4600 units= 4600*7.30 = $33,580
Fixed selling and administrative expense = $51980
Depreciation per month = $6440
Fixed selling and administrative expense after deducting depreciation = 51980 - 6440 = $45540
Total cash disbursed for selling and administrative expense = Fixed selling and administrative expense + Variable selling and administrative expense for 4600 units
45540 + 33580 = $79120
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What happens if you still have a balance on your credit card AFTER the company starts charging you interest?
A: The bank will make your interest payments for you
B: The bank will extend the 0% APR so you don't pay interest
C: The bank will offer you a 0% so they make no money off you
D: The bank will make money from the interest fees you pay
If a business strategy and corporate culture are in conflict the __________ will win, regardless of the strength and effectiveness of the strategy.
If a business strategy and corporate culture are in conflict the corporate culture will win, regardless of the strength and effectiveness of the strategy.
Corporate culture is the behavior and belief that determine how a business's employees interact with each other. There are plenty of things that reflect a company's culture, such as but not limited to:
Business hoursEmployee dress codeEmployee benefitTurnover rateHiring decisionsOffice setupClient treatment and satisfactionCorporate culture can be shaped intentionally or grown organically by the employees. It will affect the business practice and every other aspect of the business. Employees and candidates would be more interested and eager to engage with a culture that they're comfortable and identify with.
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the basic objective of monetary policy is multiple choice 1 to increase employment and stabilize exchange rates. to eliminate inflation and lower interest rates. to assist the economy in achieving a full-employment, noninflationary level of total output. to maintain steady exchange rates and lower inflation.
Controlling the supply and demand of capital is a component of monetary policy, which is mostly accomplished through the use of interest rates. Monetary policy may also incorporate unconventional techniques like quantitative easing and free market operations.
What is the monetary policy?In order to ensure price stability and public confidence in the value and stability of the country's currency, the monetary authority of a country adopts a policy known as monetary policy. This policy aims to control either the money supply or the interest rate payable for very short-term borrowing, which refers to borrowing by banks from one another to meet their short-term needs.
By altering interest rates or eliminating surplus reserves, monetary policy can increase the amount of money in circulation or decrease it. Fiscal policy, in contrast, focuses on taxation, government spending, and borrowing as tools for a government to control economic cycle phenomena like recessions.
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Alexandria has recently begun using social media, and frank asks you what kind of business information would help him run the store more profitably and efficiently. What do you suggest?.
It can be suggested to Alexandria research customer preferences and their buying interest to run the store more profitably and efficiently.
What is Business?An economic activity that involves the exchange of goods and services with teh help of buying and selling with the objective to gain some profit is called Business.
A business will achieve maximum profit only when it generates better customer satisfaction which encourages them to purchase products. In order to develop customer satisfaction the business should aware of the tastes and preferences of their customer.
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what are trade alliances designed to do? check all that apply. protect an individual country from competitors reduce tariffs and other restrictions on trade return countries to individual economies open borders between countries
Trade alliances are designed to reduce tariffs and other restrictions on trade, and open borders between countries.
What are trade alliances?Trade alliances are also called trade agreements. It is a form of agreement that emphasizes the formulation of trade relationships. It is important to mention that trade alliances include both multilateral and bilateral agreements. It can take place between two nations or two states.
Trade alliances effectively allow countries to open up their border so that trade can be carried out without any interruption. Furthermore, it is also a means through which trade restrictions and tariffs can be reduced.
It can be concluded that trade alliances are designed to reduce tariffs and other restrictions on trade, and open borders between countries.
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the first thing analise does when she arrives in italy is to convert her u.s. dollars to euros. she will do this through the multiple choice currency market. foreign exchange market. carry trade market. world bank.
She will convert her US dollars to Euros in Foreign Exchange Market.
A global decentralized or over-the-counter market for trading currencies is known as the foreign exchange market. For every currency, exchange rates are set by this market. It covers all facets of purchasing, selling, and exchanging currencies at established or current rates.A global exchange market for national currencies is the foreign exchange market, commonly referred to as the forex market or FX market. Due to the worldwide nature of commerce, industry, and finance, the forex markets often rank among the largest and most liquid asset markets in the world. Currencies are exchanged against one another as exchange rate pairs.Purchasing one currency while selling another is the act of investing in foreign exchange. The foreign exchange market, or "forex," is used for this. Trading forex always takes place in pairs.Thus this is the meaning of Foreign Exchange Market.
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all of the following are ways the government can correct positive externalities except a. subsidizing the product or service. b. imposing regulations. c. financing the production of the good. d. imposing positive taxes.
All of the following are ways the government can correct positive externalities by imposing regulations.
In economics, an externality or external cost is an indirect cost or benefit to an uninvolved third party that results from another party's activity. Externalities can be viewed as unpriced commodities involved in consumer market transactions or producer market transactions.
Consumption, production and investment decisions by individuals, households and businesses often affect those who are not directly involved in the transaction. Sometimes these indirect effects are negligible. But when they get big, they can become a problem economists call externalities.
Externalities often occur when the production or consumption of a product or service in private price equilibrium fails to reflect the true cost or benefit of that product or service to society as a whole. As a result, the external competitive equilibrium no longer satisfies the Pareto optimum.
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which of the following is a characteristic of high-contact services? high-contact services can work at average demand levels. high-contact services require higher prices and more customization. high-contact services require employees with administrative/technical skills and efficient service delivery methods. high-contact services are used when face-to-face interaction is not required.
High-contact services demand more customization and more prices. It is a trait of services with a high level of contact. Services with High Contact High contact service involves interactions between clients and the company during service delivery.
The strategy you choose to providing customer service can have a significant impact on the success of your company. Although there are many ways to manage customer service delivery, the two main approaches are high-contact services and low-contact services.
Longer conversation times, better communication understanding, and richer information exchange are traits of a high-contact environment of services. The customer is physically and visibly exposed to the service provider.
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what is the effect on the stock price of a company that announces it earned higher-than-expected quarterly profits? the stock price will likely go down because analysts do not like unexpected surprises from company financial reporting. the stock price will likely go up because the announcement suggests that the company is undervalued. the stock price will likely go up because it's a clear indication that the financial health of the company is strong. the effect depends on what generated the profits and how analysts forecast this information.
The effect on the stock price, for a company that announces it earned higher-than-expected quarterly profits, is that "The stock price will likely go down because analysts do not like unexpected surprises from company financial reporting." Option A
This is further explained below.
What is the stock price?Generally, The cost of purchasing one individual share out of a company's total number of equity shares that are available for sale is referred to as the share price
In terms that are more understandable to the average person, the price of a share of stock is the most money that someone is prepared to pay for that share or the least money that it can be acquired for.
In conclusion, "The stock price will likely go down because analysts do not like unexpected surprises from company financial reporting," is what will happen to the stock price of a company that announces it earned higher-than-expected quarterly profits; this is the effect that will have on the company's stock price. Alternative A
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reba and sly enter into a contract by which reba promises to deliver newly printed marketing brochures to sly. reba later transfers her duty under the contract to troy. reba is
Delegator and a obligator. Transferring accountability for particular tasks from one person to another is referred to as delegation
What is delegation?
Giving someone else the power to carry out certain tasks is known as delegation. One of the fundamental ideas of management leadership is the process of allocating and entrusting tasks to another individual.
someone who delegated (= gave) some of their responsibilities to someone else to handle on their behalf: I've improved as a delegator as I try to reduce my 60-hour workweek. He appears to be more of a delegator and figurehead as president.
Transferring accountability for particular tasks from one person to another is referred to as delegation. From a managerial standpoint, delegation happens when a manager gives their staff members particular tasks to do.
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when harley-davidson advertises to reinforce the perception that the brand is masculine, rugged, and individualistic, it is building brand . multiple choice question. awareness value personality sensitivity
When Harley-Davidson advertises to reinforce the perception that the brand is masculine, rugged, and individualistic, it is building brand personality.
What is an organization engaged in when it employs a name phrase, design symbol, or a mix of these to identify products and set them apart from those of its competitors?A brand is any characteristic that sets one seller's good or service apart from that of other sellers. It might be a name, a term, a design, a symbol, or anything else.
What are the two most important factors considered when naming popular brands?Five requirements must be met for a brand name process to be successful: it must be distinctive to the business and/or product, communicate clear benefits to key audiences, inspire employees and stakeholders, be long-lasting, and apply to all company communications.
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Which professional specifically mentioned the video game killer instinct as related to her work in the gaming industry?.
Killer Instinct is a series of professional fighting video games originally created by Rare and published by Midway, Nintendo, and Microsoft Studios
What makes Killer Instinct unique?
Killer Instinct featured more detailed plates and further different characters than any other games of its genre as well as some gameplay rudiments unique to fighting games of the time. rather of fighting adversaries in stylish- of- three- rounds bouts, each player has two life bars.
Why are video games so important?
Video games can give a fun and social form of entertainment. encourage cooperation and cooperation when played with others. make kiddies feel comfortable with technology — particularly important for girls, who do not use technology as much as boys do .
Gaming industry :The videotape game industry encompasses the development, marketing, and monetization of videotape games. The industry encompasses dozens of job disciplines and thousands of jobs worldwide. The videotape game assiduity has grown from niches tomainstream.As of July 2018, videotape games generated US $134.9 billion annually in global deals.
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your parents will retire in 29 years. they currently have $380,000 saved, and they think they will need $2,100,000 at retirement. what annual interest rate must they earn to reach their goal, assuming they don't save any additional funds? round your answer to two decimal places.
Time Value of Money (TVM) may be a money theory that holds that cash attained or possessed nowadays is valued over an identical quantity of cash attained or possessed within the future as a result of the interest-earning capability of funds.
This is a future price question wherever we are being asked to unravel the speed of coming back. as a result, we tend to manipulate the long-run price formula to isolate and solve for r.
FV = PV x [1 + (i / n)] (n x t), where
R represents Annual Interest,
FV is the Future Value
PV is the Present value
T represents the number of periods
r= (2100000/380000)1/19- 1
r=0.09414671248
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If you are looking for information about financial aid at many different institutes of higher education, who should you contact?.
A cosigner and the borrower share equal responsibility for repaying the debt, but a parent loan places all of the burden on the parent.
What exactly does EFC mean?
Colleges utilize an index number called your Expected Family Contribution (EFC) to calculate how much financial help you are eligible for. Your EFC is determined using the data from your Free Application for Federal Student Aid (FAFSA®) and a methodology set by law.
Why is it conceivable that you can receive less money than you borrowed in loans?
A loan works on a rather simple principle: you borrow money, then you pay it back. However, the amount you owe is greater than what you borrowed. This is a result of the interest and fees that a lender assesses you for using its funds. It is additionally known as a finance charge.
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an evaluation that involves sales managers and individual sales people working together on setting goals, giving feedback, reviewing and rewarding is known as
Performance management refers to an evaluation process where sales managers and individual sales representatives collaborate to create goals, provide feedback, evaluate, and reward performance.
Write a short note on Performance management.Performance management is a method of corporate management that helps managers monitor and evaluate employees' performance. The purpose of performance management is to foster an atmosphere where employees may work to their full potential and produce the highest-quality work most effectively and efficiently.
A systematic performance-management program enables managers and staff to agree on expectations, objectives, and career advancement, as well as how a person's job fits into the company's overarching vision. Performance management typically takes into account how an individual fits into the larger organizational system. The ideal performance standard is what you aim for, but it is thought to be unachievable..
Traditional methods for performance management include setting and evaluating goals, objectives, and milestones. They also want to establish methods for measuring performance and define what constitutes effective performance. However, performance management transforms every interaction with an employee into an opportunity to learn rather than employing the conventional paradigm of year-end appraisals.
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