Budgets can be prepared conservatively by underestimating earnings.
What are the steps of creating a budget?Determining your income : The monthly income or the take home amount after paying the taxes and other expenses has to be determined. Other sources of income can also be included hereDetermining your expenses : Try to record everything of your regular monthly expenses. It is one of the most difficult steps.Choose a budget plan : Once you have the idea of the expenses and income, you can easily decide the budget plan according to your need.Adjusting your habits : you need to get control over your finances and therefore one has to put some efforts to manage the income and expenses developing certain habits to improve the finance.Living the plan : A budget is an ever changing plan and it can be adjusted regularly as your expenses change.To learn more about budgets, refer
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item at position 2 companies maintain accounting records that show assets at the amount of their market value because that information is more reliable than the historical cost. this statement is:
Item at position 2 companies maintains accounting records that show assets at the amount of their market value because that information is more reliable than the historical cost. This statement is False.
Why is the statement false?Market valuations, however, can be more significant. In other words, people may find that knowing an asset's current market worth is more helpful when making decisions than knowing how much it originally cost. However, accountants prefer to take a conservative approach by keeping asset values at their original (historical) cost. The rationale for this is that while market valuations are arbitrary, historical costs can be independently verified. More specifically, by consulting the receipts that detail the asset's purchase price, you can confirm the cost of the asset. The market worth of an asset, however, is subjective. Prior to a sale, no one can accurately estimate an asset's market value.
What is market value?Market value, sometimes referred to as OMV or "open market valuation," is the cost that an asset would command on the open market or the estimation that the financial community makes of specific equity or company.
A publicly listed company's market capitalization, which is determined by dividing the number of outstanding shares by the current share price, is also sometimes referred to as market value.
It is simplest to determine the market value for exchange-traded instruments since their market prices, such as those of stocks and futures, are well-known and accessible. The market value of over-the-counter items, such as fixed-income securities, might be more challenging to estimate.
The hardest part of figuring out market value, however, is calculating the worth of illiquid assets like real estate and businesses. For these types of valuations, real estate appraisers and company valuation experts may be required.
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Managerial ethics is concerned with morality and _______ of business conduct among individuals
Managerial ethics is concerned with morality and standards of business conduct among individuals. Managerial ethics is the acknowledged standard of societal norms and values, truth, and justice by the manager in decision-making. In the corporate world, moral principles and rules of behavior are applied.
Whereas ethics is the set of moral principles and regulations that guide a person's behavior. Management ethics emphasizes a fair compensation, appropriate working conditions, and an appealing reward system. It also focuses on client demands and seeks to meet them. As a result, it secures the company's long-term sustainability. The manager acts with integrity and sets a good example.
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Which are tactics employed by fast-acting firms to meet time pressures without sacrificing quality?
Focus on real-time tactics is often employed by fast-acting firms in order to meet time pressures without sacrificing quality. These tactics include agile development, rapid testing and deployment, short feedback loops, and quick turnaround times.
What do you mean by sacrificing quality?Quality should never be compromised, especially when it comes to personal wellbeing. One should constantly aim to produce high-quality material for their audience that is either entertaining or educational. Keep up with the most recent marketing trends while making sure that work is still relevant and fresh. One may assist maintain your audience's interest throughout by combining fascinating language with captivating graphics. Last but not least, be active on social media sites and use them to communicate with possible clients. So may make sure that your material fulfills the promises made in its title by carrying out all of these actions!To learn more about real-time, visit:
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a risk premium is a. the difference between the earnings of a low risk asset and a high risk asset b. premium paid to a security holder to compensate him for bearing a higher risk c. both a
For an individual, a risk premium is the minimum amount of money by which the expected return.
What is expected return?A known historical rate of return investment's expected return is the profit or loss an investor anticipates (RoR). It is computed by multiplying possible possibilities by the likelihood that they will occur, adding the resulting results, and then calculating the total.
What an investor can anticipate making on an investment is known as the expected return.
In order to get an expected return, potential outcomes are multiplied by the likelihood that they will occur, and the results are then added up.
Returns that are anticipated cannot be ensured.
The weighted average of the anticipated returns for all the investments in a portfolio is what is considered to be the portfolio's expected return.
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A business established a website and now has customers order products online without visiting their store, they are responding to changes in the ________.
A business established a website and now has customers order products online without visiting their store, they are responding to changes in the technological environment.
What is business?Making a living or earning money through the production of goods or the purchase and sale of goods is known as business.
Good business describes organizations that have expanded the concept of success beyond the bottom line to encompass the influence the organization has on all constituents, their communities, and even the planet. It is also "any activity or venture entered into for profit.
In this case, a business established a website and now has customers order products online without visiting their store, they are responding to changes in the technological environment.
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suppose that spain and austria both produce rye and shoes. spain's opportunity cost of producing a pair of shoes is 3 bushels of rye while austria's opportunity cost of producing a pair of shoes is 11 bushels of rye.
The price of trade should be between the opportunity cost of two countries.
The opportunity cost of producing one pair of shoes:
For Spain = 5 bushels of rye
For Austria = 10 bushels of rye.
So, the price of one pair of shoes should be between 5 and 10 bushels of rye in order for both countries to gain from trade.
Opportunities check with favorable outside factors that might supply an organization a competitive benefit. as an example, if a rustic cuts tariffs, a vehicle manufacturer can export its automobiles into a new marketplace, increasing income and market share.
The perception that there ought to be equality of possibility in training, wherein everybody has honest and equally get admission to an excellent fine training irrespective of social heritage, race, gender or religion, and wherein human beings acquire achievement in schooling according to their efforts and capacity, free from any shape of discrimination.
The boom opportunity definition can be defined because of the hazard to grow extensively. whether or not that growth is in your profession, non-public existence, or hobbies. opportunities to develop are key to universal pride and fulfillment. “The increase and development of humans is the very best calling of leadership.”
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The actions of these companies in opposing legislation that could impact these companies is an example of a(n) _______ approach in response to legislative action, which is an environmental force.
The moves of these organizations in opposing legislation that may want to have an impact on these corporations is an instance of a(n) deductive method in response to legislative action, which is an environmental force.
The deductive method includes beginning with a theory, creating hypotheses from that theory, and then gathering and analyzing records to take a look at these hypotheses. Inductive and deductive approaches to lookup can be employed collectively for a more whole understanding of the theme that a researcher is studying.
What is deductive method example?It is when you take two actual statements, or premises, to form a conclusion. For example, A is equal to B. B is also equal to C. Given those two statements, you can conclude A is equal to C using deductive reasoning.
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https://brainly.com/question/860494#SPJ4when an auditor reviews additions to the equipment (fixed asset) account to make sure that fixed assets are not overstated, she wants to obtain evidence as to management’s assertion regarding:
when an auditor reviews additions to the equipment (fixed asset) account to make sure that fixed assets are not overstated, she wants to obtain evidence as to management’s assertion regarding existence.
The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles.
The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles. The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles. The goal of an independent auditor's financial "review" is to examine the nonprofit's financial statements and determine whether they are consistent with generally accepted accounting principles.
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_____ lists each risk and assesses the likelihood that it could affect a project.
Risk identification lists each risk and assesses the likelihood that it might affect a project.
Risks are uncertain conditions or events that may affect a project. Thus, it is a vital step to list all risks and assess their likelihood that might happen on the project. Risk identification is one such process that lists each potential risk and assesses the likelihood that those risks could affect the project.
Risk identification not only prepares for possible harmful risks but also helps to minimize their impact on the project before they occur, ultimately leading to project success. The steps involved in risk identification are:
List each risk Identify possible causes of their occurrence Assign the role to individuals to resolve risks in case they occur andAssess the likelihood of a potential affect that risks might have on the project
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Financial risk refers to the extra risk borne by stockholders as a result of a firm's use of debt as compared with their risk if the firm had used no debt. true false
Financial risk is the additional risk that investors bear as a result of a company using debt as opposed to their risk if the company had not utilised debt. The given statement is True.
Investment and Risk
With every investment, there are risks. To start with, there are business hazards. Business risks are alterations in a company's profitability that result from outside factors.Some problems may be under the control of the company's managers, or they may be beyond their control. Another type of risk that frequently affects organisations with debt is financial risk.When a business uses debt to finance its capital structure, there are risks involved. This risk results from high interest rates that must be paid whether or not the business is profitable.Risk, in terms of finance, is the probability that an outcome or investment won't yield the intended outcomes or return. The possibility of losing the entire initial investment is a risk.To know more about Financial risk visit:
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further, the process of transformation, even if it brings revolutionary change, is likely to be a long one, absent some catastrophic and catalyzing event—like a new pearl harbor".
The given statement "further, the process of transformation, even of........like a new pearl harbor" has been taken out from the Project for the New American Century (PNAC).
What was Project for the New American Century?PNAC stands for Project for the New American Century. It was founded by William Kristol and Robert Kagan and established as a non-profit educational organization in 1997.
PNAC was a neoconservative think tank project that mainly focused on United States foreign policy.
Basically, PNAC project had very strong ties to the American Enterprise Institute.
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matthew needed money for some unexpected expenses, so he borrowed $3,900.55 from a friend and agreed to repay the loan in four equal installments of $1,100 at the end of each year. the agreement is offering an implied interest rate of .
In order to cover some unforeseen costs, Matthew borrowed $3,900.55 from a friend, promising to pay it back in four equal payments of $1,100 at the end of each year. The contract provides an implied interest rate of 5.00%.
The agreement is offering an implied interest rate of 5%.
3900 = 100
1100 X 4 = 4400
262.91 = X
(3900 x 100) /4400 = X
390000/4400 = X
5 = X
A percentage of the principal, or the equal payments amount loaned, is what a lender charges a borrower as interest rate. The annual percentage rate, or APR, is the usual unit used to express the interest rate on a loan (APR).
The amount earned from a savings account equal payments or certificate of deposit at a bank or credit union may also be subject to interest rates (CD). interest rate on these bank accounts is calculated as an annual percentage yield (APY).
The borrower is essentially charged interest for the usage of the asset. Cash, consumer goods, vehicles, and real estate are all examples of lent assets. As a result, an interest rate can be viewed as the "cost of money" because it increases the cost of borrowing the same amount of money.
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many firms attempt to integrate (a) into their processes as it encourages the organization to make a positive impact on consumers, employees, and the environment.
Many firms attempt to integrate a Corporate Social Responsibility (CSR) into their processes as it encourages the organization to make a positive impact on consumers, employees, and the environment.
Corporate Social Responsibility (CSR) refers to the part of business activity that ensures that it functions in a socially accountable manner. This ensures that firms protect the interests of stakeholders as well as the public, and has positive impact on customer, employees, and environment.
A CSR regime encourages companies to be aware of their impacts on all dimensions of life - social, economic, environmental, and so on. Governments usually enact CSR legislations that require companies to integrate CSR in their processes by using a certain percentage of their profits for philanthropic activities.
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clara meets her client jonathon for a business presentation at a café suggested by him. as soon as their meeting begins, the café gets very crowded and noisy. they are unable to concentrate on their discussion. which of the following should clara do to prevent a communication breakdown with her client?
Clara meets her purchaser Jonathon for a enterprise presentation at a restaurant cautioned through him. as quickly as their meeting starts the cafe gets very crowded and noisy. they're not able to concentrate on their discussion. which of the subsequent must Clara do to save you a communication breakdown along with her patron advise that they flow to a quieter place.
The final degree of the selling technique is compliance with-up. After Clara have got correctly made a sale it's critical to keep music of the patron's adventure. Following up is an vital step in ensuring consumer delight, retaining clients, or even supporting we find new clients within the destiny.
The speakme-listening differential can be used to expect the communication of moments of silence in order to probably arise within the earnings presentation. Many clients have a picture of salespeople as loud, speedy-speakme people, which can be preferred active listening characteristics of salespeople.
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What+is+the+current+value+of+a+$1,000+bond+with+a+5%+annual+coupon+rate+(paid+annually)+that+matures+in+9+years+if+the+appropriate+discount+rate+is+7%
The current value of bond is $ 869.66.
Par value =$ 1000
Coupon rate = 5%
Maturity = 9 years
YTM = 7 %
Price of bond = Interest × PAUF (YTM, n) + Maturity value × PUF (YTM, n)
= 1000 × 5% PAUF ( 7%, 9 years) + 1000 × PUF(7%, 9 years)
= 50 × PAUF ( 7%, 9 years) + 1000 × PUF(7%, 9 years)
= 50 × 6.5152 + 1000 × 0.5439
325.76 + 543.9
= $ 869.66
So, price of bond = $ 869.66.
Current value is a technique of accounting based on the value of replacing assets on the fees that would be paid now, instead of on the charges they had been at first sold for modern cost accounting can yield consequences which can be materially extraordinary from traditional accounting based totally on ancient fees.
The fair price of the stock is a subjective term calculated using the contemporary monetary statements, marketplace function, and feasible growth cost from a fixed of metrics. In comparison, the market fee is the cutting-edge percentage price at which the inventory or asset is traded.
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Suppose that technological advancements stimulate $4 billion in additional investment spending. if the mpc = 0.8, how much will the change in investment increase aggregate demand?
$50 Billion the change in investment increase aggregate demand.
Multiplier = (1/1-mpc) investment
Multiplier = (1/1-0.6) 20B
Multiplier = (1/0.4) 20B
Multiplier = (2.5) 20B
Multiplier = 50B
Aggregate demand can be affected by several important economic factors. Rising or falling interest rates affect consumer and business decisions. An increase in household wealth increases aggregate demand, while a decrease usually leads to a decrease in aggregate demand. Consumer expectations of future inflation are also positively correlated with aggregate demand. Finally, a decrease (or increase) in the value of the home currency makes foreign goods more expensive (or cheaper) and domestically manufactured goods cheaper (or more expensive), increasing aggregate demand ( or decrease).
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What are the three main steps in learning to effectively manage your time? choose all that apply.
Learning to manage your time well entails three basic steps:
Decide on a time slot one week in advance.Time management is the ability to use your time wisely and productively. The ability to complete what you need to accomplish without feeling rushed is another way to describe it. Some of the foundational ideas of effective time management are explained on this page.
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that the limited liability company may engage in any activity for which limited liability companies may be formed under this act.
A limited liability company (LLC) is a sort of corporate structure used in the United States that protects its owners from being held personally accountable for the company's debts.
Legal entities known as limited liability firms combine elements of corporations, partnerships, and sole proprietorships. Even while the limited liability aspect is comparable to that of a corporation, the availability of flow-through taxes to the members of an LLC is a feature of a partnership rather than an LLC. State laws allows limited liability businesses, and each state has its own set of rules governing them. Owners of an LLC are its members.
An LLC must file articles of organization with the state in order to operate formally. Compared to a corporation, an LLC is easier to form up and provides investors with more flexibility and security.
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Before the adjusting entry for a deferral of an expense, the expenses will be _____ and the assets will be _____.
Before the adjusting entry for a deferral of an expense, the expenses will be Understated and the assets will be overstated.
Belongings can be overstated because of incorrect valuations or value determinations at the give-up of the 12 months. The overstatement of contemporary property may also involve growing the value of inventories or exchange receivables.
If a business enterprise overstates property or understates liabilities it'll bring about overstated net earnings, which contains over to the stability sheet as retained profits and therefore inflates shareholders' fairness.
If an account or a figure on an account is overstated, the amount that is stated on the financial announcement is greater than it ought to be. Auditors will be asking the company's administrators to provide an explanation for why non-cutting-edge property inside the money owed has been overstated and is no longer stated at their recoverable quantity.
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olivia manages an online store that sells musical instruments. she'll soon host a jazz event and wants to create awareness around it, especially within the community of jazz enthusiasts.
I will advice that Olivia should choose an affinity audiences in order to achieve her marketing goal of creating awareness about hosting a jazz event, especially within the community of jazz enthusiasts.
What is the meaning of marketing?Basically, a marketing refers refers those activities a company undertakes to promote the buying or selling of a product or service. It includes the use of advertising, selling, and delivering products to consumers or other businesses; but some marketing are done by affiliates on behalf of a company.
The goal of marketing entails a specific and measurable objective that helps someone to meet the broader business goals. The goal can be anything from generating high-quality leads, raising brand awareness to increasing customer value and improving referral rate.
However, in this context, i will advice that Olivia should choose an affinity audiences in order to achieve her marketing goal of creating awareness about hosting a jazz event, especially within the community of jazz enthusiasts.
Missing word "Which targeting option should Olivia choose in order to achieve her marketing goal?
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a broker had an agreement with a buyer to find a home for a flat fee of $5,000. the broker found a special home listed by another broker that the buyer liked and purchased. is the buyer's broker entitled to receive a commission from both the buyer and the seller? select one: a. yes, the brokers automatically split the commission b. yes, if disclosure was made to all parties in writing c. no, it is illegal to have a dual agency d. no, a seller can only legally pay the listing broker
The Right Response is No, as per the terms of the agreement between the parties, Broker Carr did not get the seller's and the buyer's prior written consent.
The act of real estate brokers and their agents representing a buyer in a real estate transaction as opposed to, by default, representing the seller either directly or as a subagent is known as buyer brokerage or buyer agency. The phrase used most frequently in the UK and Australia is buying agent.What distinguishes a buyer from a broker?
Understanding the distinction between a buyer agent and a broker agent is crucial when purchasing or selling a house. While a broker agent works on behalf of the seller, a buyer agent represents the individual who is purchasing the home. You may locate the ideal house and get the finest deal with the aid of a buyer's agent.To learn more about brokers and buyers, click the links.
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According to the corporate governance task force (cgtf), which phase in the ideal model and framework lays the groundwork for a successful improvement effort?
According to the corporate governance task force (cgtf), Initiating phase in the ideal model and framework lays the groundwork for a successful improvement effort.
The project force suggests that the government and the SEBI as a market Regulator should concur within the corporate governance standards deemed desirable for listed companies to ensure true company governance. accurate company governance within the monetary services quarter is vital for a fair, strong, and efficient financial machine for all Australians. In August 2018 ASIC received investment to conduct focused evaluations into company governance practices of large listed entities to gain an insight on actual governance practices. corporate governance gives for preparing a code of behavior for an agency a good way to help the company in showcasing the commitment of the company to work ethically on the ethical stance and to maintains a good image in market both domestic and worldwide market. The board of directors must act following the 4 ideas of governance — duty, transparency, fairness and responsibility — for the best interest of stakeholders, shareholders and the business as a whole.
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a series of equal cash flows that occur at the end of each of the equally spaced intervals (such as daily, monthly, quarterly, and so on).
Discounting is a technique for calculating the present value of a future cash flow or series of future cash flows that will be received or paid.
A set of equal cash flows that happen at the conclusion of each evenly spaced interval is known as an ordinary annuity (Days, months, years).
The Time Value of Money theory contends that a cash flow's owner will value it differently depending on when it occurs.
yearly percentage a cost represented as a percentage of the amount borrowed or invested over a 12-month period that indicates the interest paid by borrowers or earned by lenders.
Future Value: The term used to describe how much a cash flow will amount to. Amortization Plan:
a schedule or table that lists major amounts. What exactly does Cash Flow mean?The amount of cash that a business, organization, or person has can increase or decrease depending on their cash flow (CF). The term "time period" is used in finance to describe how much money (currency) is produced or consumed in a specific amount of time. There are various CF types with various important applications for managing a business and conducting financial analysis. All of them will be thoroughly explored in this manual.
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departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are:
Departments, or offices, within an organization that reach across the dividing line that separates the company from groups and people in society are: boundary-spanning departments.
The term Department can refer to a number of various things. as an instance, an administrative department inside a state, a governmental ministry or even part of an organization. on this specific definition, we consult with the term 'department' because it's used to refer to separate divisions of an corporation.
A department is commonly understood as a part of a larger agency. The term 'department' might also cowl a huge variety of meanings, from e.g. a geographical or administrative department inside a rustic, to a governmental ministry or part of an organization, consisting of a college.
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as a manager at barcelona, which of the following activities do you think you would be encouraged to do? check all that apply.
As a manager at Barcelona, which of the following activities do you think you will be endorsed to do: encourage the chef to create new menu objects proposing seasonal elements.
The definition of a manager is a person accountable for supervising and motivating personnel and for guiding the progress of an agency. An instance a manager is someone who's in charge of customer service, who deals with client disputes, and who oversees and supervises customer support dealers.
A manager has to perform functions like planning, organizing, staffing, directing and controlling. a lot of these functions are essential for strolling a business enterprise easily and reaching organizational objectives. planning is needed for placing dreams and setting up techniques for coordinating sports. extraordinary managers are able to lead groups, help them grow, and preserve full manipulation over their enterprise and its overall performance at the same time. these are those who manipulate to continuously adapt to new conditions, encourage others to reach their complete capacity, and deliver their pleasant paintings, too.
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Economic growth can be depicted on a production possibilities frontier (ppf) as a(n)?
Economic growth can be depicted on a production possibilities frontier (PPF) as a(n) outward shift of the PPF
This is further explained below.
What is the production possibilities frontier?Generally, The Production Possibilities Frontier (PPF) is a graph that illustrates all of the possible permutations of the production of two distinct items that may be manufactured using the resources and technology that are now available.
The PPF incorporates the ideas of scarcity, choice, and tradeoffs into its framework.
In conclusion, On a production possibilities frontier (PPF), economic expansion may be represented as an expansion of the PPF in the direction of the greater output.
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If demand decreased by 4 units at each price, what would the new equilibrium price and quantity be?
Based on demand being decreased by 4 units at each price, the new equilibrium price and quantity would be $3 and 5 units.
What is the new equilibrium?In order to find the new equilibrium , you should subtract 4 units from each entry of Quantity demanded and then find the price where Quantity demanded and Quantity supplied are equal:
Quantity demanded Price Quantity Supplied
1 7 9
2 6 8
3 5 7
4 4 6
5 3 5
6 2 4
7 1 3
From the table we see that the new equilibrium price is $3 and the new equilibrium quantity is 5 units.
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below is a list of activities for jayhawk corporation. required: select whether the transaction increases or decreases assets, liabilities, and stockholders' equity. leave blank if no effect. the first item is provided as an example.
The effects of the transactions on the assets, liabilities, and stockholders' equity of Jayhawk Corporation are as follows:
Assets Liabilities Equity
July 3 Increase No Effect Increase
July 4 No Effect Increase Decrease
July 9 No Effect No Effect No Effect
July 14 No Effect No Effect No Effect
July 18 Decrease No Effect Decrease
July 20 Decrease Decrease No Effect
July 27 NOT a relevant transaction (Luke's).
July 30 NOT an applicable transaction (Luke's).
July 31 NO Effect No Effect No Effect
What are the effects of transactions on the accounting equation?Each business transaction affects the accounting equation in one way or another.
The effect may be an increase or a decrease. Sometimes, a transaction affects only one side of the accounting equation.
For example, an asset may increase and another decreases. This shows that there is no effect on the total assets.
Transaction Analysis:July 3 Accounts Receivable (Luke's repair shop) $500 Service Revenue $500
July 4 Repair Expenses $450 Accounts Payable (Luke's repair shop) $450
July 9 Cash $500 Accounts Receivable (Luke's repair shop) $500
July 14 Notes Receivable (Luke's repair shop) $600 Cash $600
July 18 Advertising expenses $110 Cash $110
July 20 Accounts Payable (Luke's repair shop) $450 Cash $450
July 27 Luke's Service Revenue $800
July 30 Luke's Salary Expenses $300
July 31 Cash $600 Notes Receivable (Luke's repair shop) $600
Thus, no matter the transaction effects of the applicable activities on the assets, liabilities, and stockholders' equity of Jayhawk Corporation, the accounting equation remains in balance.
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Question Completion:For the month of July, the following transactions occurred.
July 3 Jake provides lawn services to Luke's repair shop on account $500
July 4 of Jake's mowers malfunctions. Luke provides repair services to Jake on account $450
July 9 Luke pays $500 to Jake for lawn services provided on July 3
July 14 Luke borrows $600 from Jake by signing a note.
July 18 Jake purchases advertising in a local newspaper for the remainder of July and pays cash, 110
July 20 Jake pays $450 to Luke for services provided on July 6
July 27 Luke performs repair services for other customers for cash, $800
July 30 Luke pays employee salaries for the month, $300
July 31 Luke pays $600 to Jake for money borrowed on July 14 2.
given a real rate of interest of %, an expected inflation premium of %, and risk premiums for investments a and b of and respectively, find the following: a. the risk-free rate of return, b. the required returns for investments a and b
The interest rate is the amount a lender charges a borrower and is a percentage of the principal of the amount loaned. The interest rate on a loan is typically noted on an annual basis known as the annual percentage rate (APR).
Risk free rate = real rate + inflation premium
Risk free rate = 2% + 3%
Risk free rate = 5%
Part B:
The required return for A = Risk-free rate + Market risk premium
Required return for A = 5% + 4%
Required return for A = 9%
The required return for B = Risk-free rate + Market risk premium
Required return for B = 5% + 6%
Required return for B = 11%
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a qualitative materiality is an amount set by the auditor that is less than planning the materiality and is used to make decisions about the extent of audit proedures for a particular class of transaction
A performance materiality is a qualitative materiality is an amount set by the auditor that is less than planning the materiality and is used to make decisions about the extent of audit procedures for a particular class of transaction.
What is performance materiality?In the context of trading and investments, a security's price movement over a certain time frame is deemed to have moved by a significant amount if it confirms or deviates from a trader's initial assessment of the security's performance.
Any number or statistic that is important enough to mention, such as in account balances, financial statements, shareholder reports, or conference calls, is referred to as a material amount. Mentioning something that is not a material amount is regarded as minor or inconsequential.
The material amount is the minimum amount that must change in a security to confirm or deny a market perception or trading hypothesis.
Predicting the material amount for a specific strategy can be essential for a trading system to be successful.
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