Answer:
The $10,000
Explanation:
"The $10,000 bill was the largest-ever printed denomination for the public, making its first appearance in 1918. The face of Salmon P. Chase, Abraham Lincoln's Secretary of the Treasury and Chief Justice of the Supreme Court, graced the front of this large bill."
a company has a $10,000 cash balance per its books. the bank statement has a balance of $9,580. the bank reconciliation included $800 of deposits-in transits, $500 of checks outstanding, a $100 nsf check from a customer, and a $20 bank service charge. given the above reconciling items, the up-to-date cash balance equals:
The company's updated cash book balance should equal $9,880.
Data and Calculations:
Balance as per cash book = $10,000
Bank Statement balance = $9,580
Deposits not yet credited by the bank = $800
Checks outstanding = $500
NSF check = $100
Bank service charge = $20
Updated Cash Book
Balance as per cash book $10,000
NSF check (100)
Bank service charge (20)
Updated cash book balance $9,880
Thus, the company's updated cash book balance is $9,880 after taking into account, the NSF check and the bank service charge.
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What’s the answer to “Temperatures rise due to global warming in growing seasons of crops in lengthens?”
Explanation:
Crops and livestock will be subjected to increasing temperatures, increasing CO2, and more variable water availability caused by changing precipitation patterns and access to irrigation. These factors effect plant growth and yield and environmental conditions for livestock production.
Temperatures rise due to global warming, which lengthens the growing seasons of crops.
The general rise in temperature is being attributed to global warming, which is primarily brought on by human activities that release greenhouse gases. The crop-growing seasons are being impacted by this rise in temperature. Longer growing seasons give crops more time to develop and produce, which could result in higher yields. The effects of global warming on agriculture are complicated and vary by region.
Longer growing seasons may be advantageous for some regions while posing challenges for others due to increased droughts, extreme weather events, and changes in precipitation patterns that will impact crop productivity and agricultural practices. In order to reduce the negative effects of climate change on crops and ensure food security, sustainable and adaptive strategies are essential.
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what type of cost remains the same per unit at every level of activity?
Answer:
A variable cost
Explanation:
A variable cost remains the same per unit at every level of activity.
I hope this helps.
when individuals choose which information inputs will reach their awareness and ignore other inputs, they are using
which common form of external data helps marketers understand what influences a consumer’s purchasing behavior?
External data that helps marketers understand what influences a consumer’s purchasing behavior is psychographic data.
What is psychographic data?Psychographic data is used to create a profile of customers' viewpoints, areas of interest, and motivators for action. It includes an individual's beliefs, opinions, preferences, and personality traits.
Psychographic information concentrates on emotional factors like motives, priorities, etc whereas demographic information frequently emphasizes physical factors like age, race, gender, geography, etc.
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Explain the tool of monetary policy a government could use to gain positive balance of payment
Answer:
What is the tool of monetary policy?
Central banks have four main monetary policy tools: the reserve requirement, open market operations, the discount rate, and interest on reserves. 1 Most central banks also have a lot more tools at their disposal. Here are the four primary tools and how they work together to sustain healthy economic growth.
Explanation:
ABC Company sold goods to XYZ traders on May 1, 2019. ABC company agreed to accept a Kshs.1,400,000 for 6 month, 12% note in payment for the goods. Interest is payable at maturity. Required: Prepare journal entries to record the above transactions
Answer: If you have ever taken out a payday loan, you may have experienced a situation where your living expenses temporarily exceeded your assets. You need enough money to cover your expenses until you get your next paycheck. Once you receive that paycheck, you can repay the lender the amount you borrowed, plus a little extra for the lender’s assistance.
There is an ebb and flow to business that can sometimes produce this same situation, where business expenses temporarily exceed revenues. Even if a company finds itself in this situation, bills still need to be paid. The company may consider a short-term note payable to cover the difference.
A short-term note payable is a debt created and due within a company’s operating period (less than a year). Some key characteristics of this written promise to pay (see (Figure)) include an established date for repayment, a specific payable amount, interest terms, and the possibility of debt resale to another party. A short-term note is classified as a current liability because it is wholly honored within a company’s operating period. This payable account would appear on the balance sheet under Current Liabilities.
Short-Term Promissory Note. A promissory note includes terms of repayment, such as the date and interest rate.
Explanation:
damaged merchandise that can be sold only at prices below cost should be valued at
The damaged merchandise that can be sold only at prices below cost should be valued at Net realizable value.
In accounting, the Net realizable value is basically the cash that a company expects to receive based on the eventual sale of an item after deducting any associated costs.
In the case, the damage merchandise can be sold, but it will be at lower price compared to the normal price.
Therefore, the valuation method of Net realizable value is what the damaged merchandise should be valued at.
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A student loan is money a person borrows in order to:A: purchase a new house.B: buy luxury goods.c. pay for college tuition.D. pay off existing debt.
A student loan is money a person borrows in order to pay for college tuition. Hence, option C is correct.
What is student loan?A student loan is a loan that is given to students expressly to assist them in paying for higher education, like university. Typically, the loan is divided into two portions: one for maintenance fees and the other for tuition.
Yes, there is normal debt, albeit some lenders impose penalties for early repayment. Yes, there is student debt, and fortunately there are no early repayment fees. You should, however, consider whether it is worthwhile to pay off your debt early.
From the day the Student Loans Company sends your first payment to you, your university, or your college, interest is charged every day until your loan is fully repaid or cancelled.
Thus, option C is correct.
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aanu owns several computer repair shops across northeastern wisconsin, and she has set a goal for her company of increasing market share in all locations over the next three years. aanu has set a:
Aanu's goal of increasing market share in all locations over the next three years is a strategic goal.
A strategic goal are the specific objectives a firm aims and plans to achieve over a specified period of time. The strategic goal set by the firm can either be financial or nonfinancial.
Examples of strategic goals include:
Increasing the market share of the company. Increase customer satisfaction.Increase the number of customers of the company.Other types of goals are:
Operational goals are the steps that a firm takes to achieve in the long term success. Tactical goals are goals that are set for the immediate short time period.To learn more about strategic goals, please check: https://brainly.com/question/15301818?referrer=searchResults
what are the major works of JT? Explain in point.......
what is the name of the cost allocation method used for intangible assets?
Answer:
coast allocation for assets is known as amortization. for intangibles. Depreciation, depletion, and amortization are processed of. cost allocation, not valuation.
Mitch and his friends are planning a trip to the Tsunami Springs water park. The employee Mitch spoke to on the phone said the total cost for all 7 of them would be $154. This includes an entrance ticket and a $5 tube rental fee for each person. What is the cost of an entrance ticket
Answer:
Entrance ticket is $17.
Explanation:
Using a expression we can see the costs.
E - Entrance Ticket
T - Tube rental fee
7E + 7T = 154
Substitute T for the $5 that we know is the cost for tube rental.
7E + 7(5) = 154
7E + 35 = 154
-35 -35
7E = 119
/7 /7
E = $17
Answer:
Explanation:
for internal record keeping, most companies carry their inventory using the _____ basis.
Answer: FIFO
Explanation:
You work at the Barnacle Boutique, and you are preparing to offer a class in which customers will hand-dye silk scarves using modern ebru techniques. According to the document, you will need: acid dyes and food coloring. vinegar and powder dye. acrylic paints and water. tissue paper and heat. natural earth pigments and pinewood.
Distinguish between the concepts of service vs. product marketing strategies. Provide an example of each and evaluate why each is essential to hotel operations.
Answer:
service mena intangible or we can't take it with us or purchase it to take home
product is tangible it is something we can purchase at any time any place
Explanation:
for example service we can see in hotel a room service
for the product we can see Chocolate we can purchase it any where and take to other place but in contrast we can't take service
Both service marketing strategies and product marketing strategies are sales and promotion tactics for various product and service offerings. The nature of the offering itself is where the two differ most from one another.
Why do you want to get into product marketing?At the same time, it's very difficult and rewarding. Cross-functional teams are frequently led by product marketing managers, giving you exposure to a wide range of job functions. A profession in product marketing allows you to have an influence and redistributes meaning to your work.
Service marketing methods emphasize the quality and customization of intangible services, while product marketing strategies concentrate on the attributes and advantages of tangible commodities. Both forms of marketing tactics seek to draw in and keep clients, but because the products and services offered differ, they call for distinct methods.
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economics is the study of how limited resources are used to satisfy human wants. economists look at the causes and effects of the choices people make. list 3 decisions that you have made in the last 24 hours.
Answer:
whether I should buy 1killo of orange or 2killo banana
A fundamental law of nature states that the quantities of labor, capital, land, and entrepreneurial resources that can be employed to produce products and services are finite. It implies that there are a finite number of resources available to the economy at any given time to produce products and services.
What three problems must an economic system solve?It's possible to question and remove unsourced material. The three basic economic questions that must be addressed and resolved by economic systems as a sort of social system are: "How much and which alternative commodities and services shall be created?" and "What kinds and amounts of goods shall be produced." How should products be made?
Limitations on resources and insatiable human desire are the root causes of all economic issues. It develops as a result of a lack of resources that can be used in other ways. Each community must make choices about how to use its limited resources. In general, resource allocation is the main issue in an economy.
Thus, The amount of labor, money, land and entrepreneurial resources that can be used to create goods and services is limited, according to a fundamental rule of nature.
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gen-tech sells merchandise on account for $4,000 to acorn company with credit terms of 2/10, n/30. within the discount period, acorn company returns $500 of damaged merchandise and a check for ________ to settle the account.
Within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account
Using this formula
Check amount=(Merchandise sold- Merchandise return)- [(Merchandise sold- Merchandise return)× Discount]
Where:
Merchandise sold=$4,000
Merchandise return=$500
Discount=2%
Let plug in the formula
Check amount=($4,000-$500)-[($4,000-$500)×2%]
Check amount=$3,500-($3,500×2%)
Check amount=$3,500-$70
Check amount=$3,430
Inconclusion within the discount period, acorn company returns $500 of damaged merchandise and a check for $3,450 to settle the account.
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What does SSQ stand for?
Answer:
Special Skills Qualification (most likely)
Explanation:
There are many different things it could stand for, however since you did not specify the context of this, I am assuming it would be this as it is most common.
A supererogatory act is an act that is beyond the call of duty.
True
False
[true or false] Libraries and schools are places where you may conduct formal research.
Answer:
True
Explanation:
most libraries have books that contain reliable info
sometimes with schools
what are the four factors underlying the free enterprise system?
Answer:
profit,risk,competition and productivity
This is a case study adopted from the book of Crispina R. Corpuz. "Reyes Department Store" Based on the review of the store, Nicole, the general manager concluded that one of the first things she has to attend involves developing the job description of her store supervisor. During her first few weeks on the job, Nicole found herself asking one of her supervisors, Jet, why was he violating what she knew to be part of the company policies and procedures. Jet’s only response was that he was not aware of that policy and was not aware it was part of his job. Nicole knew that a job description, along with a set of standards and procedures that specify what was to be done and how to do it, will go a long way toward alleviating the problem. Discuss the process that Nicole should follow to solve this problem.
In order to Nicole to solve this problem, she must reevaluate the job description and company policies and procedures, and then include certain specifications that will make employees more aware of their roles within the company.
Nicole is the general manager of the Reyes Department Store, so she acted correctly when she noticed inconsistent conduct by one of her supervisors and identified the problem.
She then realized that she should carry out a job description along with standards and procedures that specify what should be done and how to do it.
A job description is a document that specifies the responsibilities and activities of each organizational role.
Its objective is to adapt professionals to their work position according to their profile and optimize people management, creating greater standardization of processes and agility in decisions.
Therefore, job descriptions must always be monitored and revised so that new needs are included and so that employees can carry out their role effectively.
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Robertson Construction entered into a contract to construct a tunnel for a fixed price of $12,000,000. Robertson recognizes revenue over time according to percentage of completion. Here are some facts: In 2021: Cost incurred during the year is $3,000,000; Estimated cost to complete is $6,000,000 In 2022: Cost incurred during the year is $500,000; Estimated cost to complete is $6,500,000 In 2023: Cost incurred during the year is $6,500,000; Estimated cost to complete is $0. How much gross profit/loss would Robertson recognize in 2022
By measuring the gross revenue Robertson would recognize in 2022, the amount is $5,600,000.
To understand better, we have to begin with the year 2021, where we have the following:
Given that the % of completion = cost incurred till now ÷ total estimated cost;
We have => $3,000,000 ÷ ($3,000,000 + $6,000,000) = 33.33%
Hence, we have the final revenue in the year 2021 to be recognized as
=> $12,000,000 × 33.33% = $4,000,000.
By the year 2022, we have the following percentage completion.
=> ($5,000,000 + $3,000,000) ÷ ($3,000,000 + $5,000,000 + $2,000,000) = 80 percent.
Therefore, we have the total revenue to be recognized
=> $1,200,000 × 80% = $9,600,000
Then given that the Revenue already realized in 2021 = $4,000,000
Therefore, the revenue to be recognized in 2022
=> $9,600,000 - $4,000,000 = $5,600,000.
Hence, in this case, it is concluded that the gross revenue Robertson would recognize in 2022, the amount is $5,600,000.
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the pitfalls of a differentiation strategy include
The pitfalls of a differentiation strategy include many methods such as "attempting to differentiate using easily copied features."
Other methods that could be a pitfall for differentiation strategy includes the following:
When firms differentiate based on the features, they believe buyers do not value.
When firms differentiate based on price, for example, firms charge higher prices to create a premium image.
Differentiation strategy in business is a method businesses or firms use to create distinct products for consumers, and it is expected to give the firms a competitive advantage over rivals.
Hence, in this case, it is concluded that there are various pitfalls in differentiation strategy firms should be aware of.
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a market that operates outside the legal system, either by selling illegal goods or by selling goods at illegal prices is referred to in economics as a
Answer:
the answer is black market
Consider a Malthusian economy. For each of the following scenarios, use the diagrams to illustrate what happens to a country’s population size and living standards, ceteris paribus. Clearly explain what happens to the equilibrium and describe the transition to the new equilibrium if any.a. Marrying late slows down population growth.b. An earthquake kills half of the population and destroys half the land.
In the situations presented, what happens to the population and living standards is that they improve significantly avoiding a Malthusian catastrophe.
Malthusianism is a sociological concept that refers to the theory developed by Thomas Malthus in which he states that population growth at the rate that is being done will result in a decrease in resources for life, that is what he defined as Malthusian catastrophe.
According to the above, the situations presented would be a way of delaying the Malthusian catastrophe because if people marry late, the probability of having children is reduced for biological reasons. In addition, the number of children is going to be reduced.
On the other hand, if an earthquake occurs that destroys half the world and kills half the population, the Malthusian catastrophe is delayed because the available resources would increase in relation to the existing population.
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During a job interview, Pam Thompson is offered a salary of $32,000. The company gives annual raises of 4 percent. What would be Pam's salary DURING her fifth year on the job? (You may need to round to the nearest answer)
Answer:
$38,933
Explanation:
A=P( 1 + r/100)^n
A= amount
r= rate(4%)
n=period (5)
A=32,000 ( 1 + 4/100)⁵
A=32,000 (1.04)⁵
A=38,932.89
A=$38,933( nearest whole number)
During a job interview, Pam Thompson is offered a salary of $32,000. Pam's salary during her fifth year on the job is $ 37435.474.
What do you mean by the annual raise of salary?
A worker's salary increase is expressed as a percentage of their total base pay. Typically, it represents a portion of the employee's yearly compensation. Employers may utilize increments to raise or lower basic pay as well as to provide incentives.
The yearly increase % calculates the average annual percentage rate of salary increases.
Here,
Current salary= 32000
First increment will occur at the beginning of 2nd year = 32000 × (1+4%)
Second increment will occur at the beginning of 3rd year = 32000 × (1+4%) × (1+4%)
Third increment will occur at the beginning of 4th year = 32000 × (1+4%) × (1+4%) × (1+4%)
Fourth increment will occur at the beginning of 5th year
= 32000 × (1+4%) × (1+4%) × (1+4%) × (1+4%)
= 32000 × (1+4%)^4
= 32000 × (1.04)^4
= 32000 × 1.1698586
= $ 37435.474
Therefore, during a job interview, Pam Thompson is offered a salary of $32,000. Pam's salary during her fifth year on the job is $ 37435.474.
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factors such as the increasing number of women in the workforce and the growing number of older workers exemplify which force for change outside the organization?
Answer: demographic characteristics
Explanation:
When you start a new job, you receive a form that you use to prove that you are eligible to work in the U.S. What is this form?
I believe it's a Work Permit.