Question 9 At the end of the quarter, a company did an adjusting entry to record the fact that $1,000 of Prepaid Advertising had been used up during the quarter. Which of the following items would be increased by this advertising adjusting entry? (check all that apply) 1 point Net Income Cash Cost of Goods Sold Prepaid Advertising SG&A Expense

Answers

Answer 1

Answer:

Sg&a expense

Explanation:

When you use up insurance, you debit advertising expense and credit prepaid advertising.

‘you don’t increase income since it’s an expense

it shouldon’t go thru cost of goods sold

you reduce not increase prepaid advertising


Related Questions

Which of the following reflect the balances of prepayment accounts prior to adjustment?
Balance sheet accounts are understated and income statement accounts are understated
Balance sheet accounts are overstated and income statement accounts are overstated
Balance sheet accounts are understated and income accounts are overstated
Balance sheet accounts are overstated and income statement accounts are understated

Answers

Answer:

The answer is Balance sheet accounts are overstated and income statement account are understated.

Explanation:

The End Co issued preferred stock for proceeds of $19,000 during 2014. The company paid dividends of $3,500 on the preferred stock. The company issued a long-term note payable for $75,000 in exchange for a building during the year and bought $16,000 of new equipment. The company also purchased treasury stock for $5,000. The financing section of the statement of cash flows will report net cash inflows of

Answers

Answer:

The financing section of the statement of cash flows will report net cash inflows of  $10,500

Explanation:

The financing section of the statement of cash flows shows results of cash resulting from capital invested by owners, debt issued and repayments to capital and debt.

Cash Flow from Financing Activities

Preferred Stock Issued                                                        $19,000

Dividends Paid                                                                     ($3,500)

Treasury Stock Purchased                                                  ($5,000)

Net Cash Provided by Financing Activities                        $10,500

You are a lobbyist hired by a less developed country to try to prevent a developed country from increasing trade barriers against labor-intensive manufactured imports such as textiles. Make your case, arguing from both developed and developing country perspectives, in terms of who gains and who loses.

Answers

Answer:

The answer is explained below in separate headings.

Explanation:

Resources available such as land, labour, capital and entrepreneurship are different for each country. Some may have more while others might have less. The large (developed) countries tend to be more resourceful than those small (developing) countries.

Developed Country

In this case, the capital available at the developed country's disposal helps them export manufactured goods and import labour-intensive goods from developing country with relative ease in order to produce and profit from the market.

Developing Country

From their point of view, the potential to trade outward results in the enhancement in the country's growth and efficiency. This ultimately creates an opportunity for the consumers to benefit from the variety of goods available to choose from and workers of higher incomes.

Hence, if the trade barriers are increased then it would affect both the country's in terms of profit. However, the effect would be more adverse for developing country rather than for a developed country.

what is mean by vocational training?​

Answers

Answer:

Hope this helps

Explanation:

It means a instrustional program or courses that focus on the skills required for a particular job function or trade.In vocational training educates and prepares students for specific careers, disregarding transitional unrelated academic subjects.

Consider a hypothetical economy where there are no taxes and no international trade. Households spend $0.50 of each additional dollar they earn and save the remaining $0.50. If there are no taxes and no international trade, the oversimplified multiplier for this economy is __________

Suppose that the price level in our economy remains the same and that there is still no international trade. Now, however, the government decides to implement an income tax of 5% on each dollar of income. The MPC and MPS, however, remain the same as before. In this case, after accounting for the impact of taxes, the multiplier in this economy is ___________, and a $200 billion decrease in investment spending will lead to a billion in output.

Answers

Answer:

i) 2

ii) 1.9

iii) $200 billion decrease in investment will lead to a $380 billion decrease in output

Explanation:

i) Determine the oversimplified multiplier for this economy

MPC value of the economy = 0.5

spending multiplier = 1 - / 1 - MPC VALUE )

∴ oversimplified multiplier = 1 / 0.5  =  2

ii) Given that the Government implement an income tax of 5%

The Multiplier of the economy = 1 / [ 1 - MPC (1-t) ]

                                                   = 1 / [ 1 - 0.5(1-0.05 )]

                                                   = 1 / ( 1 - 0.475 )  = 1.9

iii) $200 billion decrease in investment will lead to a $380 billion decrease in output

total change in output = 1.9 * 200 =$ 380

Assume that as of August 1, 3,000 units of flat panel displays have been produced and sold during the current year. Analysis of the domestic market indicates that 2,000 additional units are expected to be sold during the remainder of the year at the normal product price determined under the product cost method. On August 3, Crystal Displays Inc. received an offer from Maple Leaf Visual Inc. for 800 units of flat panel displays at $225 each. Maple Leaf Visual Inc. will market the units in Canada under its own brand name, and no variable selling and administrative expenses associated with the sale will be incurred by Crystal Displays Inc. The additional business is not expected to affect the domestic sales of flat panel displays, and the additional units could be produced using existing factory, selling, and administrative capacity.

Required:
Prepare a differential analysis of the proposed sale to Maple Leaf Visual Inc.

Answers

Question Completion:

Crystal Displays Inc. recently began production of a new product, flat panel displays, which required the investment of $1,500,000 in assets. The costs of producing and selling 5,000 units of flat panel displays are estimated as follows:

Variable costs per unit:

Direct materials $120

Direct labor 30

Factory overhead 50

Selling and administrative expenses 35

Total variable cost per unit $235

Fixed costs:

Factory overhead $250,000

Selling and administrative expenses 150,000

Selling price is determined as $360 per unit under the product cost method.

Answer:

Crystal Displays Inc.

Differential Analysis of Special Order:

                                         Normal           Special Order          Differential

                                      Production        Alternative 2              Analysis

Sales revenue            $1,800,000            $288,000              $288,000

Variable costs               1,175,000                188,000                 188,000

Contribution margin    $625,000             $100,000              $100,000

Fixed costs:

Factory overhead       $250,000              $0                           $0

Selling and admin.

  expenses                    150,000                0                             0

Total fixed costs         $400,000              $0                           $0

Net income                 $225,000              $100,000              $100,000

Explanation:

a) Data and Calculations:

Investment in assets = $1,500,000

Normal Production and sales units = 5,000

Cost of production and sales:

Variable costs per unit:

Direct materials                     $120  

Direct labor                               30

Factory overhead                     50

Selling and

administrative expenses         35

Total variable cost per unit $235

Fixed costs:

Factory overhead                             $250,000

Selling and administrative expenses 150,000

Total fixed costs                               $400,000

Special order from Maple Leaf Visual Inc.

Quantity ordered = 800 units

Offer price per unit = $225

Selling price per unit = $360

what are the marketing strategies of netflix please help!​

Answers

Answer:7 Modern Marketing Strategy Lessons from the Netflix Business Model

Use Multi-channel Marketing to Connect with People Online and Offline.

Make Emails Memorable and People Will Talk.

Offer Personalized Content to Keep People Hooked.

Let Data Show You the Secrets to Better Customer Service.

Explanation:

Black Co. acquired 100% of Blue, Inc. on January 1, 2020. On that date, Blue had land with a book value of $38,000 and a fair value of $49,000. Also, on the date of acquisition, Blue had a building with a book value of $250,000 and a fair value of $460,000. Blue had equipment with a book value of $340,000 and a fair value of $280,000. The building had a 10-year remaining useful life and the equipment had a 5-year remaining useful life. How much total expense will be in the consolidated financial statements for the year ended December 31, 2020 related to the acquisition allocations of Blue

Answers

Answer:

Black Co.

Total expenses for the year ended December 31, 2020 related to the acquisition allocations of Blue are:

= $102,000

Explanation:

a) Data and Calculations:

Assets of Blue Corporation:

                            Book Value         Fair Value   Depreciation Expense

Land                      $38,000               $49,000         $0

Building                250,000               460,000         46,000

Equipment            340,000              280,000         56,000

Total                   $628,000            $789,000      $102,000

Remaining useful life:

Building = 10 years

Equipment = 5 years

Straight-line Depreciation:

Building = $46,000 ($460,000/10)

Equipment = $56,000 ($280,000/5)      

what is a market failure

Answers

When a market fails like pretty obvious

Walter, a single taxpayer, purchased a limited partnership interest in a tax shelter in 1993. He also acquired a rental house in 2019, which he actively manages. During 2019, Walter's share of the partnership's losses was $30,000, and his rental house generated $20,000 in losses. Walter's modified adjusted gross income before passive losses is $130,000.
a. Calculate the amount of Walter's allowable deduction for rental house activities for 2017.
b. Calculate the amount of Walter's allowable deduction for the partnership losses for 2017.
c. What may be done with the unused losses, if anything?

Answers

Answer:

a. maximum allowable deduction = $25,000 - [50% x ($130,000 - $100,000)] = $25,000 - (50% x 30,000) = $25,000 - $15,000 = $10,000

b. partnerships passive losses must be deducted from passive gains, since there are no passive gains, there are no deductions = $0

c. passive losses can be carried forward for future deductions against passive gains

Is a business cycle a type of recession?
yes or no?

Answers

Answer:

The Answer is gonna be Yes

If the market price is P1: Group of answer choices the firm will break even by producing a quantity of Q2. the firm may make a profit if it can increase the demand for its product. the firm will experience a loss and raise its price to P2. The firm will then break even. the firm will experience a loss since price is less than ATC.

Answers

Answer:

the firm will experience a loss since price is less than ATC.

Explanation:

In the case of the perfectly competitive firm when the market price is P_1 so the curve i.e. shown in the attachment represent that the firm would have a loss as the price would be lower than the average total cost i.e. ATC

So according to the given situation, the last option is correct

And the rest of the options would be wrong

Bogart Company is considering two alternatives. Alternative A will have revenues of $160,000 and costs of $100,000. Alternative B will have revenues of $180,000 and costs of $125,000. Compare Alternative A to Alternative B showing incremental revenues, costs, and net income. What is the net income increase or decrease if you chose Alternative B instead of Alternative A

Answers

Answer and Explanation:

The computation of the increase or decrease in the net income when Alternative B should be selected rather Alternative A is given below:

Particulars                Alternative A            Alternative B

Revenue                   $160,000                 $180,000

Less cost                 -$100,000                 $125,000

Net income                 $60,000                $55,000

If we choose alternative B so there would be decrease in the net income by $5,000

All unethical practices are covered under the law.
True or False

Answers

Answer:

False

Explanation:

Law represent the rules and regulations made by the government in order to fulfill them so that each and every individual could work on ethical way, Here only the ethical practices are covered under the law if anyone is not following the rules and regulations proper action should be taken against that person. Also it is compulsory for all to follow the rules and regulations

Therefore the given statement is false

Lexigraphic Printing Company is considering replacing a machine that has been used in its factory for four years. Relevant data associated with the operations of the old machine and the new machine, neither of which has any estimated residual value, are as follows:
Old Machine
Cost of machine, 10-year life $89,000
Annual depreciation (straight-line) 8,900
Annual manufacturing costs, excluding depreciation 23,600
Annual nonmanufacturing operating expenses 6,100
Annual revenue 74,200
Current estimated selling price of machine 29,700
New Machine
Purchase price of machine, six-year life $119,700
Annual depreciation (straight-line) 19,950
Estimated annual manufacturing costs, excluding depreciation 6,900
Annual non-manufacturing operating expenses and revenue are not expected to be affected by purchase of the new machine.
Required:
1. Prepare a differential analysis as of April 30 comparing operations using the present machine (Alternative 1) with operations using the new machine (Alternative 2). The analysis should indicate the total differential income that would result over the six-year period if the new machine is acquired.
2. Choices of what other factors should be considered
A. Was the purchase price of the old machine too high?
B. What effect does the federal income tax have on the decision?
C. What opportunities are available for the use of the $90,000 of funds ($119,700 less $29,700 proceeds from the old machine) that are required to purchase the new machine?
D. Should management have purchased a different model of the old machine?
E. Are there any improvements in the quality of work turned out by the new machine?

Answers

Answer:

Lexigraphic Printing Company

1. Differential Analysis as of April 30:

                                                 Old Machine   New Machine    Difference

Annual revenue                              $74,200          $74,200

Annual depreciation (straight-line)    8,900             19,950  

Annual manufacturing

costs, excluding depreciation        23,600              6,900

Annual nonmanufacturing

operating expenses                         6,100                6,100

Total expenses                            $38,600           $32,950

Annual net income                      $35,600           $41,250         $5,650

Net income for 6 six years        $213,600        $247,500       $33,900

2. Other factors that should be considered are:

B. What effect does the federal income tax have on the decision?

C. What opportunities are available for the use of the $90,000 of funds ($119,700 less $29,700 proceeds from the old machine) that are required to purchase the new machine?

E. Are there any improvements in the quality of work turned out by the new machine?

Explanation:

a) Dat and Calculations:

Old Machine

Cost of machine, 10-year life $89,000

Annual depreciation (straight-line) 8,900

Annual manufacturing costs, excluding depreciation 23,600

Annual nonmanufacturing operating expenses 6,100

Annual revenue 74,200

Current estimated selling price of machine 29,700

New Machine

Purchase price of machine, six-year life $119,700

Annual depreciation (straight-line) 19,950

Estimated annual manufacturing costs, excluding depreciation 6,900

Annual nonmanufacturing operating expenses 6,100

Annual revenue 74,200

Differential Analysis as of April 30:

                                                 Old Machine   New Machine    Difference

Annual revenue                              $74,200          $74,200

Annual depreciation (straight-line)    8,900             19,950  

Annual manufacturing

costs, excluding depreciation        23,600              6,900

Annual nonmanufacturing

operating expenses                         6,100                6,100

Total expenses                            $38,600           $32,950

Annual net income                      $35,600           $41,250         $5,650

Net income for 6 six years        $213,600        $247,500       $33,900

The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.3 hours Standard labor rate $ 17.80 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,300 hours Actual total labor cost $ 112,770 Actual output 1,400 units Required: a. What is the labor rate variance for the month

Answers

Answer:

See below

Explanation:

With regards to the above, labor rate variance is computed as;

Direct labor rate variance = (Standard rate - Actual rate) × Actual quantity

Given that;

Standard labor rate per hour = $17.8

Actual hours worked = 6,300

Actual total labor cost = $112,770

Actual rate = $112,770/6,300 = $17.9

Therefore,

Direct labor rate variance = ($17.8 - $17.9) × 6,300

= $630 unfavourable

Heavy​ Products, Inc.​ (HPI) developed standard costs for direct material and direct labor. In​ 2020, HPI estimated the following standard costs for one of their major​ products, the​ 10-gallon plastic container.
Budgeted quantity Budgeted price
Direct materials 0.1 pounds $90 per pound
Direct labor 0.2 hours $30 per hour
During​ June, Heavy Products produced and sold 21,000 containers using 2,400 pounds of direct materials at an average cost per pound of $93 and 2,100 direct manufacturing​ labor-hours at an average wage of $30.50 per hour. June's direct material flexible-budget variance is:_____.
A) $18,720 favorable.
B) $880,000 unfavorable.
C) $100,000 favorable.
D) $60,000 unfavorable.

Answers

Answer:

$34,200

Explanation:

Calculation to determine what June's direct material flexible-budget variance is

Flexible-budget variance = (2,400 × $93) − (21,000 × 0.1 × $90)

Flexible-budget variance =$223,200-$189,000

Flexible-budget variance =$34,200 U

Ergo industries, which manufactures automotive parts, had taken carious measures to improve the quality of the products. The product-line mangers at the company had the authority to stop production if they found the components to be defective without the approval of the senior management in the company and to take measures to resolve the issue. This authority motivated the mangers to perform their jobs better. According to hackman and oldham work design model, which of the following core job characteristics is influencing the performance of managers in the above scenario?

a. Skill variety
b. Autonomy
c. Task identity
d. Task significance

Answers

Answer:

b. Autonomy

Explanation:

Since in the question it is mentioned that the industries would take measures so that the products quality could be improved. The product line managers has the authority to stop the production in the case when there is a defective components without taking the approval of the senior management

So here the characteristics that impact the performance of the manager is autonomy as it means the freedom of an employee to finish the work so that they are able to do better work

Organizational buyers, when compared to buyers of consumer goods, are........ in number, geographically............. and ............. apt to buy on specifications.
A. Fewer,dispersed,less
B. Fewer, concentrated, less
C.Fewer, concentrated,more
D. Greater, concentrated,less
E. Greater,dispersed,more​

Answers

Answer:

answer is (D) ok alright

Identify which are goals of monetary policy, and which are not. Goals of monetary policy Not goals of monetary policy Answer Bank financial market stability increasing the size of the financial sector economic growth high inflation improving banks' profits high employment price stability Which two goals are often called the dual mandate of the Federal Reserve

Answers

Answer:

goals of monetary policy

financial market stability

economic growth

high employment

price stability

Not goals of monetary policy

increasing the size of the financial market

high inflation

improving banks' profits

Dual mandate :  high employment

price stability

Explanation:

Monetary policy are policies taken by the central bank of a country to increase or reduce aggregate demand.

There are two types of monetary policy :

Expansionary monetary policy : these are polices taken in order to increase money supply. When money supply increases, aggregate demand increases. reducing interest rate and open market purchase are ways of carrying out expansionary monetary policy

Contractionary monetary policy : these are policies taken to reduce money supply. When money supply decreases, aggregate demand falls. Increasing interest rate and open market sales are ways of carrying out contractionary monetary policy

Goals of monetary policy include

financial market stability economic growth high employment price stability

The dual mandate of the Federal Reserve was birthed as a result of the stagflation of the 1970s. Stagflation is a period of high unemployment and high inflation levels

The dual mandate are : high employment, stable prices and moderate long-term interest rates.

Quad Enterprises is considering a new three-year expansion project that requires an initial fixed asset investment of $2.46 million. The fixed asset falls into the three-year MACRS class. The project is estimated to generate $2,000,000 in annual sales, with costs of $711,000. The project requires an initial investment in net working capital of $220,000, and the fixed asset will have a market value of $300,000 at the end of the project.
1. If the tax rate is 35 percent, what is the project's Year 0 net cash flow?
2. If the required return is 16%, what is the project's NPV?

Answers

Answer:

1) initial outlay = $2,460,000 + $220,000 = $2,680,000

2)

depreciation expense year 1 = $819,918

depreciation expense year 2 = $1,093,470

depreciation expense year 2 = $364,326

book value at end of year 3 = $182,286

net cash flow year 1 = [($2,000,000 - $711,000 - $819,918) x 0.65] + $819,918 = $1,124,821.30

net cash flow year 2 = [($2,000,000 - $711,000 - $1,093,470) x 0.65] + $1,093,470 = $1,220,564.50

net cash flow year 3 = [($2,000,000 - $711,000 - $364,326) x 0.65] + $364,326 = $965,364.10

terminal value (year 3) = [($182,286 - $300,000) x .65] + $220,000 = $143,485.90

NPV = -$92,854.95

Meadow is getting ready to attend college next year. She's thinking about ways to pay for it. Which of these is the best first step for her to take in planning her finances? A) apply for the work-study program at the college B) apply for as many scholarships as possible C) apply for a Perkins Loan Eliminate D) apply for a bank loan

Answers

Answer:

its b

Explanation:

yw

Since Meadow has to start attending college the first step to be taken by her has been to apply for as many as scholarships. Thus, option B is correct.

To pay the payment of the college there have been ways that aid financially. The programs may help you earn while studying, or being a bright student the financial aid cab be provided.

The options suits for the planning to pay the expenses are:

A. Apply for the Work-study program at the college:

At the Federal Work-study program, the students in colleges are allowed to work part-time to help them financially.

B. Apply for as many as scholarships:

The scholarships have been the financial aid provided by the government, private organizations, and educational institutes for the students to continue their education.

C. Apply for a Perkins Loan Eliminate:

It has been the low-interest rate scheme provided to the students in the financial need to continue their education. It has been a kind of loan service.

D. Apply for a bank loan:

Bank loan has been the assistance provided by the banks at the interest rate for a specific time of education.

Since Meadow has to start attending college the first step to be taken by her has been to apply for as many as scholarships. Thus, option B is correct.

For more information about financial help, refer to the link:

https://brainly.com/question/9588983

Fees earned $942,135 Office expense 216,690 Miscellaneous expense 18,845 Wages expense 452,225 Accounts payable 23,555 Accounts receivable 65,950 Cash 252,875 Common stock 135,000 Land 301,000 Supplies 11,305 Cash dividends of $35,800 were paid during the year. Retained earnings as of June 1, 20Y5, were $254,000. Prepare the balance sheet as of May 31, 20Y6. When entering assets, enter them in order of liquidity.

Answers

Answer and Explanation:

The preparation of the balance sheet as on May 31, 20Y6 is as follows:

Assets

Cash $252,875

Accounts receivable $65,950

Supplies $11,305

Land    $301,000

Total Assets $631,130

Liabilities  

Accounts payable $23,555

Common Stock $135,000

Retained earnings (see working below) $472,575

Total Liabilities $631,130

Working note

For retained earnings first determine the net loss or net income as the case may be

= Fees earned - office expense - miscellaneous expense - wages expense

= $942,135 - $216,690 - $18,845 - $452,225

= $254,375

Now the ending retained earning balance is

= opening retained earning balance + net income - dividend paid

= $254,000 + $254,375 - $35,800

= $472,575

Rooney Company, which sells electric razors, had $350,000 of cost of goods sold during the month of June. The company projects a 5 percent increase in cost of goods sold during July. The inventory balance as of June 30 is $28,000, and the desired ending inventory balance for July is $29,000. Rooney pays cash to settle 75 percent of its purchases on account during the month of purchase and pays the remaining 25 percent in the month following the purchase. The accounts payable balance as of June 30 was $39,000.

Required:
a. Determine the amount of purchases budgeted for July.
b. Determine the amount of cash payments budgeted for inventory purchases in July.

Answers

Answer:

A. $368,500

B. $276,375

Explanation:

A. Calculation to determine the amount of purchases budgeted for July

Using this formula

Budgeted purchase = Cost of goods sold + Ending inventory - Beginning inventory

Let plug in the formula

Budgeted purchase=$350*000*1.05 + $29,000 - $28,000

Budgeted purchase=$367,500+$29,000-$28,000

Budgeted purchase=$368,500

Therefore the amount of purchases budgeted for July is $368,500

b. Calculation to Determine the amount of cash payments budgeted for inventory

Cash payment = $368,500*75%

Cash payment= $276,375

Therefore the amount of cash payments budgeted for inventory is $276,375

Rational and emotional advertising appeals __________ . Group of answer choices represent two distinctive approaches which should never be combined since they divide the focus of a potential consumer's attention counteract each other when combined can be combined wince consumers' purchase decisions are often made on the basis of both rational and emotional motives can only be used together effectively for low-involvement product purchases are most effective when used in conjunction with other advertising appeals

Answers

Answer:

can be combined since consumers' purchase decisions are often made on the basis of both rational and emotional motives.

Explanation:

Marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research.

Basically, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.

Advertisement refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers. Also, it is generally considered to be one-sided because it focuses on painting a brand as the best and devoid of any negative issue.

Rational and emotional advertising appeals can be combined since consumers' purchase decisions are often made on the basis of both rational and emotional motives.

Buying motive refers to the considerations, urge, emotions or influences that creates the impulse in consumers (customers) to buy a particular good, so as to satisfy their desire or needs.

This ultimately implies that, behind every purchase made by a consumer, there's a consideration, urge or feeling to satisfy that desire or needs l, this is generally referred to as buying motive.

In Economics, buying motives are classified into five (5) main categories and these include;

I. Acquired and Inherent buying motives.

II. Conscious and Dormant buying motives.

III. Physical, Psychological and Sociological buying motives.

IV. Primary and Selective buying motives.

V. Rational and Emotional buying motives.

A rational buying motive is typically based on the consumer's logical and economical consideration of a product in terms of price, durability, need, quality, etc. Thus, it involves a careful consideration of a product rather than feelings as in emotional buying motive.

he following information pertains to the January operating budget for Casey Corporation. • Budgeted sales for January​ $207,000 and February​ $100,000. • Collections for sales are​ 60% in the month of sale and​ 40% the next month. • Gross margin is​ 35% of sales. • Administrative costs are​ $10,000 each month. • Beginning accounts receivable is​ $29,000. • Beginning inventory is​ $16,000. • Beginning accounts payable is​ $67,000. (All from inventory​ purchases.) • Purchases are paid in full the following month. • Desired ending inventory is​ 30% of next​ month's cost of goods sold​ (COGS). At the end of​ January, budgeted accounts receivable from January sales is​ ________.

Answers

Answer:

the  budgeted account receivable is $82,800

Explanation:

The computation of the budgeted account receivable is shown below:

= Budgeted sales × next month sales collections percentage

= $207,000 × 40%

= $82,800

hence, the  budgeted account receivable is $82,800'

We simply multiplied the budgeted sales with the next month collection sales percentage so that the budgeted account receivable could come

Question 4 of 10
Tina was falsely accused of shoplifting in a large retail store. She was
humiliated in front of a large crowd that included a number of her friends and
family members. The store's security officer had deliberately planted
evidence to incriminate Tina and was loudly drawing much attention to the
scene. In the end Tina was cleared of the shoplifting charge and no physical
harm was done to her or her property. However, a court case was still decided
in favor of awarding her damages. On what basis might this be?
A. Compensation can be awarded for general damages, such as
traumatic humiliation, as well as special damages.
B. There is no need for actual harm to be suffered in order for
damages to be awarded.
C. A breach of duty of care toward customers in public stores is
always sufficient to award damages.
O D. The security officer was acting as a "reasonable person," which led
the court to award damages.

Answers

Answer: a I think

Explanation:

Answer:

A. Compensation can be awarded for general damages, such as

traumatic humiliation, as well as special damages.Explanation:I just took the test

You are considering two different methods for constructing a new warehouse site. The first method would use prefabricated building segments, would have an initial cost of $6.5 million, would have annual maintenance costs of $150,000, and would last for 25 years. The second alternative would employ a new carbon-fibre panel technology, would have an initial cost of $8.2 million, would have maintenance costs of $650,000 every ten years, and is expected to last 40 years. Both buildings would be in CCA Class 1 (at a rate of 4 percent) and it is expected that each would have a salvage value equivalent to 25 percent of its construction cost at the end of its useful life. The discount rate the firm uses in evaluating projects is 11 percent. The tax rate is 35 percent. What is the annual cost for each option? (Enter the answers in dollars. Do not round your intermediate calculations. Round the final answers to 2 decimal places. Negative answers should be indicated by a minus sign.)

Answers

Answer:

The first method would use prefabricated building segments, would have an initial cost of $6.5 million.

After successfully completing your corporate finance class, you feel the next challenge ahead is to serve on the board of directors of Schenkel Enterprises. Unfortunately, you will be the only individual voting for you. a.If the company has 430,000 shares outstanding and the stock currently sells for $45, how much will it cost you to buy a seat if the company uses straight voting

Answers

Answer:

$9,675,045

Explanation:

In order to win the election of the board of directors, voting powers should have half a of the voting power and one vote.

Calculating the cost incurred to buy the voting power:

Total cost = [Number of shares / 2 + 1] * Stock price

Total cost = [430,000/2 + 1] * $45

Total cost = 215,001 * $45

Total cost = $9,675,045

So, it will cost one $9,675,045 to buy a seat if the company uses straight voting.

1. A person risks losing most or all of his or her money in (a) a savings account (b) an elective savings program (c) a speculative investment (d) a conservative investment

Answers

The answer is C) speculative investment
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