The cost per shoe for applying the appliques is $1.67. ($10/hour divided by 6 appliques per shoe).
This is calculated by dividing the total cost of $10/hour by the number of appliques per shoe (6) to get the cost per applique ($1.67). Then, multiplying the cost per applique by the number of appliques per shoe (6) gives the total cost per shoe for applying the appliques ($1.67 x 6 = $10). A spreadsheet is a computer program that allows you to add, display, analyze, manage, and manipulate data that is organized in rows and columns. It is the most widely used program for accounting, analytics, data visualization, and so on. Spreadsheets, in other terms, are scalable grid-based folders used to organize data and perform computations. Spreadsheets are used by individuals from all over the world to build tables for personal and commercial purposes. You may also utilize the functions and algorithms of the application to assist you in making sense of your data.
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stock a's stock has a beta of 1.30, and its required return is 12.00%. stock b's beta is 0.80. if the risk-free rate is 4.75%, what is the required rate of return on b's stock? (hint: first find the market risk premium.)
Stock a's stock has a beta of 1.30, and its required return is 12.00%. stock b's beta is 0.80. if the risk-free rate is 4.75%, On b's stock, the required rate of return is 9.21%.
What does the term "rate of return" mean?
A rate of return (RoR) is the net profit or loss of an investment over a specific time period expressed as a percentage of the investment's starting cost. When you compute the rate of return, you are calculating the percentage change from the start to the end of the period.
"Required return of Stock X = Risk-free rate + Beta of Stock X × Market risk premium
The required return of Stock A = Risk-free rate + Beta of Stock A × Market risk premium
=> 12.00% = 4.75% + 1.30 × Market risk premium
=> Market risk premium = 5.58%
The required return of Stock B = Risk-free rate + Beta of Stock B × Market risk premium
=> Required return of Stock B = 4.75% + 0.80 * 5.58%
=> Required return of Stock B = 9.21%"
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Why would you want to use small steps to get to a big economic goal?
The need to reduce any hazards or losses that may be experienced in the procedures is the main driver behind why people, businesses, or the government choose to take little steps rather than more significant ones to achieve the main economic aim.
Which of these best explains why economic growth is a key objective?Real incomes and wages rise as a result. - It raises living standards. - It improves a society's capacity for dealing with socioeconomic issues.
How can knowing about economics help you become a better citizen?People can make better judgments and solve more issues if they understand how markets operate, how rules affect results, and how economic factors shape social institutions. Excellence in both work and life can be attained in this way.
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All of the following would be considered a direct material for an automobile except
A. Tires
B. Batteries
C. fabric for seats
D. sand paper.
Sand and paper would not be considered a direct material for an automobile. Direct materials do not include any materials consumed as part of a company's general overhead.
What exactly is a direct material?Direct materials are components used in the production of a finished product. Components such as the screen, integrated circuits, camera modules, and buttons, for example, are direct materials used in the manufacture of a smartphone. Consider a business that makes tables and chairs. The following materials were used in production: Timber, wood, cushions, padding for the chairs, cloth fabric to cover the chairs are all direct raw materials. Fittings, nails, wood glue, and worker equipment are examples of indirect raw materials. The manufacturing overhead includes these materials. For example, in a furniture manufacturing company, the direct materials used in production are timber, paddings, and textile. Indirect materials include glue, nails, sandpaper, and so on. Direct materials do not include any materials consumed as part of a company's general overhead. For example, air filters used in a manufacturing facility's ventilation system are not direct materials; instead, they are included in manufacturing overhead.
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your pharmacy stocks progesterone cream 10%. how much stock cream is needed to fill the prescription?
Prescriptions for progesterone cream 10% are usually filled with a certain amount of the cream that is based on the strength of the cream and the amount of cream prescribed by the doctor.
To fill a tradition for progesterone cream 10, the drugstore must determine how important of the cream is demanded. For illustration, if the tradition specifies 5 grams of progesterone cream 10, the drugstore would need to give 5 grams of the cream. The drugstore would also measure out the proper quantum of progesterone cream 10 from their stock force and fill the tradition.
The progesterone cream 10 demanded to fill the tradition can be calculated by multiplying the strength of the cream( 10) by the quantum specified( in grams). For illustration, if the tradition specifies 10 grams of progesterone cream 10, the drugstore would need to give 100 grams of the cream( 10 x 10 grams). Once the drugstore has determined how important of the progesterone cream 10 is demanded to fill the tradition, they can also fill the tradition with the applicable quantum of the cream.
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an individual works as both a registered agent for a broker-dealer and a representative of an investment adviser, both of which are owned by the same parent company. the individual's sister has started up a successful e-tailing company that she wishes to expand. she asks her brother to sell private placement units of her company to his customers in return for a 20% commission that she will pay. which statement is true? a this action is prohibited because the commission amount to be paid is excessive b the action cannot be taken unless the brother obtains written permission of the broker-dealer c the partnership units cannot be sold to the agent's customers unless they are registered in the state d the partnership units cannot be sold to the agent's customers unless separate records are kept covering these transactions
The brother must have the broker-written dealer's consent before taking any action.
What do brokers do?A financial adviser (B-D) is an individual or corporation that trades stocks for its own account or even on behalf of clients. Because the majority of stock brokerages serve as both agents and principals, the term "broker-dealer" is used to characterise them in U.S. securities regulation. A dealer purchases and sells stocks for its own account, while a broker technically engages in the profession of buying and selling stocks on behalf of its clients. The broker-dealer carries out both. Broker-dealers could be appealing to investors who want to manage their own portfolios more actively. TD Ameritrade, E-Trade, and Charles-Schwab are a few of the best known broker-dealers.
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Almost all economists agree that a legitimate role for the government is
One legitimate role for the government is to provide public goods and services. Public goods are those that benefit the entire population.
What is legitimate ?Legitimate is defined as something that is lawful, authorized, or in accordance with the law. It can also refer to something that is genuine, authentic, and accepted as valid.
such as national defense, infrastructure, and education. These goods are often provided by the government because private businesses would not be able to make a profit from providing them. Additionally, the government can provide services such as healthcare and social security that would otherwise be too expensive for individuals to purchase on their own.
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I received a statement from the IRS with a "statement showing interest income from the internal revenue service" for 2016.They tell me that I have to report this interest as income on my tax return. Where should I report this?
If your taxable interest income exceeds $1,500, you must include that income on your Schedule B (Form 1040), Interest and Regular Dividends, and include it on your tax return. See Form 1040-NR Instructions for specific reporting information when submitting Form 1040-NR.
What is a dividend explanation?
Dividends are a portion of profits and retained earnings that a company distributes to its shareholders and owners. When a company makes a profit and accumulates retained earnings, those profits are either reinvested in the company or paid out to shareholders as dividends.
What are the some examples of dividends?
An example of a dividend is a cash payment to shareholders from profits. They are usually paid quarterly. AT&T, for example, has been making such payments for several years, with its Q3 2021 offering price set at $2.08 per share.
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1. what are some of the darker sides (in other words, costs) associated with globalization? how can business leaders make sure that the benefits of their various actions (such as outsourcing) outweigh their drawbacks (such as job losses in developed economies)?
Globalization can have a dark side when it results in the exploitation of resources, labor, and the environment.
Workers in developing economies may be vulnerable to exploitation by companies from developed countries who can offer cheaper costs of production. This can lead to job losses in developed economies, particularly in industries that rely on manual labor.
Business leaders can ensure the benefits of their actions outweigh the drawbacks by collaborating with local communities and workers to ensure fair wages and working conditions. They should also use measures such as corporate social responsibility and ethical sourcing to ensure that their practices are not exploiting the environment or workers. Additionally, businesses should ensure that jobs are created in the local economy and that any job losses in developed countries are offset with job gains elsewhere. By taking these steps, business leaders can ensure that the benefits of globalization outweigh the costs.
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When resources, labor, and the environment are exploited, globalization can have a negative impact.
Workers in developing nations may be vulnerable to exploitation by developed-nation companies that can offer lower production costs. In developed economies, this may result in job losses, particularly in sectors that depend on manual labor.By working with local communities and workers to ensure fair wages and working conditions, business leaders can make sure the advantages of their actions outweigh the disadvantages. To make sure that their practices are not exploiting the environment or workers, they should also use strategies like corporate social responsibility and ethical sourcing. Additionally, businesses should make sure that any job losses in the local economy are offset by job creation in the community.To know more about Globalization click below:
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using tools such as a digital calendar and a spreadsheet to track team tasks is evidence of what project management skill?
Using tools such as a digital calendar and a spreadsheet to track team tasks is evidence of effective organizational project management skills.
To complete certain jobs in an organization, an executive needs to have certain qualities or skills, which are referred to as management skills. Among these is the ability to carry out executive responsibilities in an organization while averting crises and quickly resolving issues as they arise.
Learning and getting real-world management experience are two ways to develop management skills. The ability of the management to communicate with other employees and deal effectively with subordinates enables the smooth flow of business operations inside the organization.
For any organization to prosper and accomplish its goals and objectives, effective management skills are essential. Good managers are able to advance the company's mission, vision, or business objectives with fewer roadblocks and resistance from both internal and external sources.
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experience rating is a method of setting group premium rates that are based on projected healthcare costs of a group. true or false?
Experience rating is a method of setting group premium rates that are based on the projected healthcare costs of a group. True
An insured party's damage amount is rated according to how much harm other insured parties with comparable experiences have sustained. It is a technique for determining group premium rates based on an estimated group's medical expenses. Here, a group's premium rates are established by its demographics, claim history and historical healthcare usage.
In general, premium rates will be higher for groups with a history of higher healthcare consumption and claims, while premium rates will be lower for groups with a history of lower utilisation and claims. When discussing health insurance provided by an employer, experience rating is frequently utilised. It is a method for insurance providers to control risk and make sure they are charging reasonable premium rates for a certain population.
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a company has the following cash transactions for the period. accounts amounts cash received from sale of products to customers $ 32,500 cash received from the bank for long-term loan 37,500 cash paid to purchase factory equipment (42,500 ) cash paid to merchandise suppliers (10,500 ) cash received from the sale of an unused warehouse 11,500 cash paid to workers (22,500 ) cash paid for advertisement (2,500 ) cash received for sale of services to customers 22,500 cash paid for dividends to stockholders (4,500 ) assume the balance of cash at the beginning of the period is $3,500. required: 1. calculate the ending balance of cash. 2. prepare a statement of cash flows. (cash outflows should be indicated by a minus sign.)
Here's the method for changing an earnings declaration into a declaration of money flow: establishing cash, plus/minus net income/loss, plus all sources of cash, minus all uses of cash equals ending cash balance.
How do you calculate money on stability statement?Add the whole amount of current non-cash belongings together. Next, discover the total for all present day assets at the backside of the present day property section.
Subtract the non-cash assets from the complete modern assets. This variety represents the amount of cash on the balance sheet
What is the money glide formula?Image result for calculate the ending balance of cash. two prepare a statement of money flows. (cash outflows should be indicated by means of a minus sign.)
The formula for running cash flow is: Operating money glide = working profits + non-cash fees – taxes + modifications in working capital The restaurant's running cash glide consequently equals $20,000 + $1,500 – $4,000 – $6,000, giving it a tremendous working money glide of $11,500
What is ending cash balance?On the money flows statement, ending Cash is the quantity of cash a employer has when including the exchange in cash and establishing cash balance for the contemporary fiscal period.
It equals the money and cash equivalents line on the stability sheet.
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Amazon. Com, Inc. ’s fnancial statements are presented in Appendix D. Click here to view Appendix D. Financial statements of Wal-Mart Stores, Inc. Are presented in Appendix E. Click here to view Appendix E. Instructions for accessing and using the complete annual reports of Amazon and Wal-Mart, including the notes to the financial statements, are also provided in Appendices D and E, respectively. Wal-Mart has 11,000 million shares authorized
In Appendices D and E, respectively, Amazon and Walmart provide full access to their annual reports, including the notes to the financial statements.
Amazon.com, Inc and Wal-Mart Stores, IncOne of the most well-known e-commerce sites both domestically and internationally is Amazon.com, Inc. The annual income statement, balance sheet, and statement of cash flows are all included in Appendix D's presentation of Amazon's financial statements. The notes to the financial statements offer more details about the operation of the business, accounting principles, and other topics.
With more than 11,000 million authorised shares, Wal-Mart Stores, Inc. is the biggest retailer in the world. The annual income statement, balance sheet, and statement of cash flows are all included in Appendix E's presentation of Wal-financial Mart's statements. The notes to the financial statements offer more details about the operation of the business, accounting principles, and other topics.
When analysing the financial performance and expansion potential of the companies, this information is essential. A thorough breakdown of the companies' assets, liabilities, and equity is also provided in the annual reports, enabling investors to make well-informed choices. Investors can learn a great deal about these businesses' financial situation and future prospects by carefully examining their financial statements.
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many firms of all sizes actively compete in the computer hardware industry, and there are no firms with a large market share. product offerings tend to be similar but are differentiated in ways that enable some firms to raise or impact pricing. the computer hardware industry is an example of
In the computer hardware market, there are many businesses of varying sizes that compete actively, but no companies have a significant market share. The market for computer hardware is an illustration of monopolistic competition.
In business, we refer to a close adversary as a rival. In other words, competitors are of a similar scale and produce comparable goods. We refer to two businesses as arch rivals if they are industry titans.
Surviving in a challenging economy and cutthroat marketplaces will be easier with differentiation, new approaches, and value-based marketing. Only those that are better and more valuable in the eyes of the customer will endure. Perfect competition is another name for a market that is competitive. A monopoly is a market that lacks ideal competition. Due to the lack of near equivalents or alternatives, it has just one vendor providing an exclusive product, making it vulnerable to consumer exploitation.
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maribel needs to buy a new washer and dryer. she researched various brands and decided to purchase a maytag model. now she has to decide if she should buy it from a local appliance dealer or at one of the big box stores like best buy or lowe's. she is also wondering if she should wait to see if the model will go on sale over labor day. at what stage of the decision process is maribel?
The decision-making process is in the Maribel is purchasing stage.
What is purchase?A purchase is the act of receiving products or services in return for cash or another kind of payment. Typically, cash or credit is used for payment (to be paid later). A purchase might also be made in exchange for taking on an obligation or as part of a barter exchange including the exchange of various non-cash assets. Purchasing is the act of procuring products or services. Purchase refers to an object that has been made.A sell is what a purchase is not. When buying, the shorter word "buy" is frequently used in place of the longer term "purchase." With the exception of capital goods whose consumption is recorded as consumption of fixed capital, purchases of goods and services include the value of all commodities and services bought during the accounting period for resale or consumption in the manufacturing process.
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consider the following scenario: your company wants to establish good privacy practices in the workplace so that employee and customer data is properly protected. well-established and defined privacy policies are in place, but they also need to be enforced. what are some ways to enforce these privacy policies? select all that apply
Some ways to enforce these privacy policies are - Audit access logs and
Lease privilege i.e. Option 1 and 3
Audit access logs refer to the records of all access attempts to a system or network, including information about the user, the time of access, and the action taken. These logs can be used to track and monitor access to sensitive information, detect unauthorized access attempts, and troubleshoot issues.
Least privilege is a security principle that states that a user should have the minimum level of access necessary to perform their job functions. This means that users are only given access to the resources and systems they need to do their job, and are not given unnecessary access that could be exploited by an attacker. This principle helps to reduce the potential attack surface of a system and minimize the impact of a security breach.
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Complete Question -
Your company wants to establish good privacy practices in the workplace so that employee and customer data is properly protected. Well-established and defined privacy policies are in place, but they also need to be enforced. What are some ways to enforce these privacy policies? Check all that apply.
1. Lease privilege
2. Print customer information
3. Audit access logs
4. VPN connection
a corrupt and illegal activity in which a person offers, gives, solicits, or receives money, services, or anything of value to gain an illicit advantage is known as:
Bribery is the corrupt and illegal act of offering, giving, or receiving money, services, or anything else of value for profit.
Bribery that promises, gives, accepts or agrees to receive money or anything of value for the corrupt purpose of influencing a public official in the performance of his official duties. If money is offered or promised in return for a corrupt act, the official concerned does not have to actually commit the act for the bribery charge to be established. The act is usually punishable as a crime.
Bribery is the corrupt and illegal act of offering, giving, or receiving money, services, or anything else of value for profit.
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you want to buy a house for $250,000. the bank requires a down payment of 25%. what is the amount of the mortgage loan the bank will provide for you? round to the nearest $ and use the $ symbol.
For $250,000, you wish to purchase a house. A 25% down payment is required by the bank.
How much is a downpayment on a 200k house?The standard down payment for conventional loans, such as the traditional 30-year fixed rate mortgage, is typically 5%. In this scenario, $10,000 is required to obtain a mortgage for a $200,000 property purchase. It lowers the amount you'll have to borrow and is frequently quoted as a percentage of the house's sales price.
For instance, the buyer of a $250,000 home must pay at least $7,500 at closing if the mortgage lender demands a 3 percent down payment. A down payment is frequently described as a proportion of the cost of the home. As an illustration, 3.5% down equals $8,750 for a $250,000 house, whereas 20% equals $50,000. The down payment requirement for a $500,000 house is $17,500.
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The amount of the mortgage loan the bank will provide for you is $187,500. 25% of $250,000 = $62,500; $250,000 - $62,500 = $187,500
What is mortgage loan? A mortgage loan is a type of loan used to purchase real estate, usually a home. It is secured by the property, meaning that if the borrower fails to make payments, the lender has the right to take ownership of the property. Mortgage loans typically come with a fixed rate of interest, meaning that the interest rate stays the same over the life of the loan. The loan is usually paid back in monthly installments over a period of years, usually between 15 and 30 years. The amount of the loan and the length of the loan term will determine the size of the monthly payments. The borrower is usually required to put up some type of collateral, such as a down payment, to secure the loan.To learn more about mortgage loan refer to:
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a process to identify potential events that may affect the entity, and manage risk to be within its risk appetite, to provide reasonable assurance regarding the achievement of entity objectives is called . multiple choice risk pooling practical reasoning theoretical reasoning risk assessment
The process of risk assessment involves identifying prospective occurrences that could have an impact on the entity. Thus Risk assessment is the correct answer.
Managing risk to be within its risk appetite in order to provide a fair level of assurance regarding the accomplishment of entity goals.
It is a methodical procedure for assessing the likelihood and implications of potential risks to the objectives of an organization and choosing the best course of action to manage such risks. It entails the recognition, assessment, and evaluation of risks as well as the creation of a plan of action for reducing or eliminating those risks.
Other terms for the given procedure, such as "risk pooling," "practical reasoning," and "theoretical reasoning," are incorrect.
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flash ebikes has a net profit margin of 6.2 percent and a dividend payout ratio of 40 percent. the capital intensity is 1.08 and the debt-equity ratio is .54. what is the sustainable rate of growth?
The sustainable rate of growth is 5.60%. When compared to other production inputs, particularly labor, capital intensity measures how much fixed or real capital is present.
What is capital intensity?It can be determined using the capital to labor ratio at the level of either a production process or the entire economy, for example, from the points along a capital/labor isoquant.Some examples of capital-intensive businesses are the manufacture of steel, the production of automobiles, the extraction and refining of oil, the telecommunications industry, and the transportation sector (e.g., railways and airlines).These industries all require significant capital investments. The assets required by a unit to produce income are measured by its capital intensity. Gross tangible fixed assets are divided by the number of full-time equivalent employees to arrive at this figure. Increased capital investment may contribute to higher labor productivity (output per worker). Long-term economic growth is significantly influenced by factors like capital intensity and labor productivity.To learn more about capital intensity refer to:
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Wich two following are benefits of consumer programs
Competitive advantage and customer loyalty are benefits of consumer programs.
What is consumer incentive?
Any reward you offer to persuade clients to buy your goods is a consumer incentive. A consumer rebate is a typical illustration of an incentive scheme. By offering your clients a financial incentive for making a certain purchase, you can conduct a rebate programme.
Customers incentives are gifts given to customers in exchange for actions that promote the brand. The kind of product you are offering will determine the precise layout of the incentives. Customers may receive more credits for sharing a social media post from your business.
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the concept which states that directors must carry out their responsibilities in a conscientious manner so that the corporation is not harmed by their actions is called
Due care is the idea that directors have to be careful when carrying out their duties so that the company doesn't suffer any harm.
What is the board of directors' purpose?A group of people who represent the shareholders' interests is called a board of directors. Additionally, it offers counsel to an organization's CEO and executive team. Without getting involved in the day-to-day operations, a board provides general oversight of operations.
What obligations do the stakeholders have to the board of directors to disclose all pertinent information?Transparency. Shareholders and other stakeholders should receive timely, precise, and concise information from the board regarding risks, conflicts of interest, and financial performance.
One category of agents that shareholders dislike is Directors. There are a variety of duties and responsibilities assigned to the directors. The term "fiduciary duties" refers to one of these obligations.
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the preference of fund suppliers to choose to hold cash versus investing in long-term securities increases the cost of long-term borrowing. this cost can best be described as
Theory of Liquidity. According to the liquidity preference theory, investors choose medium- and long-term securities over short-term securities and demand progressively bigger premiums for them.
The premise that the need for liquidity has speculative power was supported by John Maynard Keynes' theory, and it states that liquid investments are simpler to sell for their full worth.
Most people agree that cash is the most liquid asset. The liquidity preference theory states that short-term securities have lower interest rates than medium- or long-term securities because investors do not have to give up liquidity for longer periods of time. The demand for money as expressed through liquidity is referred to as liquidity preference theory.
The relationship between interest rates and supply-demand was covered by John Maynard Keynes in his 1936 book The General Theory of Employment, Interest, and Money.
In the real world, an asset is more liquid if it can be changed into money more quickly.
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The answers for rectification of errors accountancy
The answers for rectification of errors accountancy assuming that suspense account was opened.
What is the solution?Solution:
Rectification Entries in Journal
Date Particulars LF Amt(Dr) Amt(Cr)
1 Depreciation A/c Dr 4000
To Suspense A/c 4000
(Depreciation on machinery
was not posted to depreciation
account, now rectified)
2 Suspense A/c Dr 5000
To Debtor's A/c 5000
(Bad debts written-off were
not posted to debtor's
account, now rectified)
3 Discount Allowed A/c Dr 100
To Suspense A/c 100
(Discount allowed to customer,
not posted to discount account,
now rectified)
4 Drawings A/c Dr 800
To Suspense A/c 800
(Goods withdrawn for personal
use, not recorded in drawings
account, now rectified)
5 Bills Receivable A/c Dr 2000
To Suspense A/c 2000
(Bills receivable from a debtor
was not recorded in bills
receivable account, now rectified)
Suspense A/c
Date Particulars JF Amt(Rs) Date Particulars JF Amt(Rs.)
Debtor's A/c 5000 Depreciation A/c 4000
Balance b/d 1900 Discount Allowed A/c 100
Drawings A/c 800
Bills Receivable A/c 2000
6900 6900
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what is the value today of $4,300 per year, at a discount rate of 10 percent, if the first payment is received 6 years from today and the last payment is received 20 years from today? (do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16.)
Value six years from now equals Cash flow in year seven divided by the discount rate, which increases by 10% yearly. What is the annual payment if the next instalment is $12?
What happens in Equals?
When two people in an emotionless utopia regain their emotions as a result of a mystery illness, conflicts arise between them and their community as they fall in love. A futuristic love story that takes place in a world without emotions. As it turns out, Equals is a reimagining of the venerable dystopian novel 1984 by George Orwell. That's correct: Kristen Stewart's dystopian-future film 1984 is the most recent innovation in the field of young actors in dystopian-future films.
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equired information skip to question [the following information applies to the questions displayed below.] data for hermann corporation are shown below: per unit percent of sales selling price $ 50 100% variable expenses 28 56 contribution margin $ 22 44% fixed expenses are $70,000 per month and the company is selling 4,000 units per month. 2-a. refer to the original data. how much will net operating income increase (decrease) per month if the company uses higher-quality components that increase the variable expense by $4 per unit and increase unit sales by 25%. 2-b. should the higher-quality components be used?
Variable costs are expenses that change in response to business activities. They rise greater as your workload increases.
What is a cost that is variable?
A company must clearly differentiate between its fixed costs and its variable costs. The first will change depending on how many units are made. For instance, with each additional unit produced, the cost of directly used materials will rise.
Net operational income equals 21,000 × 0.4-9,200, or 800 dollars in advertising costs.
What are fixed costs and variable costs?
A "fixed cost" is a cost that remains constant regardless if a company produces more or less things. Variable cost refers to a cost that varies according to variations in production levels.
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there is only one explanation for why economists give conflicting advice on policy issues, and it is that they have different scientific judgments about the validity of alternative theories. State of True or False.1. True 2. False
False . They differ in their assessments of the scientific merit of competing hypotheses. There is only conceivable explanation for the inconsistent recommendations that economics makes regarding public policy.
What function does economics serve in business?Every company organization needs a business economist to perform three crucial tasks: demand estimation and forecasting, capital management, and profit management.
What is economics in plain English?Economics is the analysis of scarcity and how it affects how resources are used, how commodities and services are produced, how production and welfare increase over time, and a wide range of other complicated concerns that are extremely important to society.
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What percentage of sales revenue goes to the cost of sales for the XYZ company? XYZ offers salary plus commission and bonuses for sales personnel who reach their sales quotas. It has eight salespeople, each earning a base salary of $45,000 plus a 2-percent commission on sales. Sales were $3 million, and bonuses totaled $30,000 for the year.
The sales revenue would be gotten as 15 percent
How to solve for the sales revenueTo find the percentage of sales revenue that goes to the cost of sales for the XYZ company, we need to calculate the total cost of sales, which would include the cost of goods sold as well as any other direct costs associated with generating the sales, such as commissions paid to salespeople.
In this case, the cost of sales would be:
$45,000 (base salary for each salesperson) x 8 (number of salespeople) = $360,000 (total base salary for sales team)
$3,000,000 (total sales) x 2% (commission rate) = $60,000 (total commission paid to sales team)
$360,000 + $60,000 + $30,000 (bonuses) = $450,000 (total cost of sales)
To find the percentage of sales revenue that goes to the cost of sales, we divide the total cost of sales by the total sales revenue and multiply by 100:
$450,000 / $3,000,000 x 100 = 15%
So, the percentage of sales revenue that goes to the cost of sales for XYZ company is 15%.
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Steamroller Company sells two products—J and B. Steamroller predicts that it will sell 7400 units of J and 6500 units of B in the next period. The unit contribution margins are $2. 90 and $6. 30 for products J and B, respectively. What is the weighted-average unit contribution margin?
The average amount that a collection of goods or services contributes toward reducing a company's fixed expenses is known as the total average contribution margin. The idea is a crucial component of cost accounting, which projects profit levels for varying sales amounts.
How is composite index unit contribution margin determined?The sales volume by each product line must simply be added together to create the WACM. Add the totals after dividing the per-unit contribution margin for each category by the quantity sold. Subtract the total number of unit sales from the sum of the individual contribution margins.
How is the weighted average contribution determined?A weighting of the share fee quoted for the shares can be calculated by the investor. To do this, multiply the average number of shares purchased by each price, add those numbers, and then divide the amount by the number of pounds purchased.
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aggregating unclassified information together will never make the information classified.
your new document may aggregate or aggregate information that is unclassified or has a degree of classification, but when you present them together, This is called compilation.
What is compilation?Compilation is one of the lowest-level financial reporting services an accountant can provide. An aggregation is essentially presenting information obtained from customers in the form of financial statements. No guarantee is provided by the accountant.
What is compilation report?General report is a report prepared by the accountant assigned by the client to perform the consolidation service and must accompany the prepared financial statements. Unlike an inspection or evaluation report, a summary report consists of a single paragraph, without a paragraph title.
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prepare a contribution format income statement. prepare a traditional format income statement. calculate the selling price per unit. calculate the variable cost per unit. calculate the contribution margin per unit. which income statement format (traditional format or contribution format) would be more useful to managers in estimating how net operating income will change in response to changes in unit sales?
Traditional format income statement is a financial statement that shows a company's revenue, expenses and net income for a given period of time.
What is mean by traditional format and contribution format income statement?
1. Format income statement. 60000
2. A traditional format income statement. 18000
3. The selling price per unit. 300000/1000= 300
4. The variable cost per unit. 240000/1000=240
5. The contribution margin per unit. 60000/1000=60
It begins with the company's total revenues and then subtracts the cost of goods sold and other expenses such as operating, administrative and finance costs. The result of this calculation is the company's net income or net loss. This format has been used for many years and is still used by most companies. Contribution format income statement displays a company's total revenue, variable costs and contribution margin. The variable costs are the costs that are directly related to the production or sale of a product or service. The contribution margin is the revenue minus the variable costs and this gives the company its profit. This format is useful for analyzing the profitability of individual products and services as it gives a better picture of the profitability of each product or service.
This format is becoming increasingly popular as it gives a more accurate view of the company's financial performance.
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