Answer:
In view of the units of corn and precious stones delivered by the US, the open-door cost of creating corn is B. 10⁄60.
What is the open-door cost of delivering corn?
The open-door cost of delivering corn to the US would be the number of precious stones that are surrendered to make one unit of corn.
This can be found as:
= Units of jewels/Units of corn
= 10/60 jewels
All in all, choice B is right.
Answer:
B) The United States should specialize in corn and trade for diamonds.
Explanation:
I got it right on the test
Gauge blocks are exactly the size etched on the block ?
Gauge blocks are exactly the 2 to 8 millionths of an inch etched on the block.
How are gauge blocks measured?It is typical to stack gauge blocks and sets together to create the necessary length. Jo blocks, or rectangular gauge blocks, are composed of metal or ceramic. They feature two opposed faces that are flat and spaced precisely away from one another.
Therefore, The distance from the measuring point on the top surface to the plane of the platen next to the wring gauge block is the length of a gauge block. This length is determined interferometrically, as will be discussed later, and adjusted to normal circumstances.
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how does a persons work experience affect their pay wage?
Answer:
Up to a certain point, more experience typically translates into higher income. Similar to the last example, if the job requires someone with 10 years of expertise in a specific field and you don't satisfy those qualifications, you can find yourself working at the lower end of the wage scale.
Explanation:
a food worker wearing artifishal nails is preparing a salad for lunch rush what should she do to prevent from contaminating the salad
Answer:
wear gloves when preparing the salad.
Explanation:
the oriole mills company has just disclosed the following financial information in its annual report sales of 1.47 million, cost of goods sold of $817,100, depreciation expenses of $179,600, and interest expenses of $ 94,000. Assume that the firm has an average tax rate of 29 percent. Compute the cash flows to investors from operating activity.
The cash flows to investors from operating activities for Oriole Mills Company is $543,973.
To compute the cash flows to investors from operating activities, we need to start with the net income and make adjustments for non-cash expenses and changes in working capital. The formula to calculate cash flows from operating activities is as follows:
Cash Flows from Operating Activities = Net Income + Depreciation Expenses + Non-Cash Interest Expenses - Increase in Current Assets + Increase in Current Liabilities + Decrease in Current Assets - Decrease in Current Liabilities
Given the financial information provided, we can calculate the cash flows to investors from operating activities as follows:
Net Income:
Net Income = Sales - Cost of Goods Sold - Depreciation Expenses - Interest Expenses - Taxes
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($1,470,000 - $817,100 - $179,600 - $94,000) * 0.29
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - ($379,300 * 0.29)
Net Income = $1,470,000 - $817,100 - $179,600 - $94,000 - $109,927
Net Income = $269,373
Depreciation Expenses = $179,600
Non-Cash Interest Expenses = $94,000
Changes in Working Capital:
Increase in Current Assets = 0 (no information provided)
Increase in Current Liabilities = 0 (no information provided)
Decrease in Current Assets = 0 (no information provided)
Decrease in Current Liabilities = 0 (no information provided)
Finally, we can calculate the cash flows to investors from operating activities:
Cash Flows from Operating Activities = $269,373 + $179,600 + $94,000 + 0 + 0 + 0 + 0
Cash Flows from Operating Activities = $543,973
Therefore, the cash flows to investors from operating activities for the Oriole Mills Company is $543,973.
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Shantel has a checking account balance of $318.59. She wrote a check to United farmers Market for $52.17. What is Shantel's new checking account balance?
Answer:
$266.42
Explanation:
$318.59-$52.17=$266.42
As of December 31 of the current year, Armani Company's records show the following.
ints
eBook
Cash
Accounts receivable
Supplies
Equipment
Accounts payable
Common stock
Retained earnings, Dec. 31, prior year
Retained earnings, Dec. 31, current year
Dividends
Consulting revenue
Rental revenue
Salaries expense
Rent expense
Selling and administrative expenses
$10,000
9,000
7,000
4,000
11,000
14,000
3,000
5,000
13,000
33,000
22,000
20,000
12,000
8,000
Print
References
Required:
Prepare the income statement for Armani Company for the current year ended December 31.
Answer:
Armani Company
Income Statement for the current year ended December 31:
Revenue:
Consulting revenue $33,000
Rental revenue 22,000 $55,000
Expenses:
Salaries expense 20,000
Rent expense 12,000
Selling and administrative expenses 8,000 40,000
Net Income $15,000
Retained earnings, Dec. 31, prior year 3,000
Dividends (13,000)
Retained earnings, Dec. 31, current year $ 5,000
Explanation:
a) Data:
Cash $10,000
Accounts receivable 9,000
Supplies 7,000
Equipment 4,000
Accounts payable 11,000
Common stock 14,000
Retained earnings, Dec. 31, prior year 3,000
Retained earnings, Dec. 31, current year 5,000
Dividends 13,000
Consulting revenue 33,000
Rental revenue 22,000
Salaries expense 20,000
Rent expense 12,000
Selling and administrative expenses 8,000
b) The income statement is a financial statement prepared at the end of a financial period to show the difference between the revenues and the expenses (called net income or loss).
define mortgage- backed securities.
Answer: Mortgage interest is a loan.
Explanation:
Which of the following statements are true about natural monopoly
1. 5g lte company must own a scare resource
2. 5g lte company is experiencing diseconomies of scale
3. It’s more efficient on the cost side for one producer to exist in this market rather than a large number of producers
4. 5g lte company is experiencing economies of scale
Without government regulation, natural monopolies cannot generate zero profit. This assertion is accurate. Monopolies maximise profit, and despite the absence of any government regulation, they eventually turn a profit.
A natural monopoly is which of the following?Tap water is an illustration of a natural monopoly. Given the significant capital expenditures associated with establishing a nationwide network of pipes and sewage systems, it makes logical to have only one company provide a network of water pipes and sewers.
Which statement on the perfect competition MCQ is accurate?A vast number of sellers or businesses are required for ideal competition to exist. The second essential requirement of a perfect market is homogeneous commodities.
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“EBIT is generally considered to be independent of financial leverage, because EBIT is the result of a firm’s operating effectiveness. However, with an excessive debt levels, EBIT might actually be influenced by financial leverage.”
Comment on the statement above.
Answer:
The answer is below
Explanation:
EBIT is known as an accounting measure to determine the profit level of a firm. It is an acronym of Earnings Before Interest and Taxes.
EBIT is generally considered to be independent of financial leverage because EBIT is the result of a firm’s operating effectiveness.
This is true because, EBIT is based on the firm's level of sales and cost of operation, of which financial leverage has no effects on it.
However, with excessive debt levels, EBIT might be influenced by financial leverage.
This implies that even though the financial leverage of a firm has no direct influence on EBIT, in a situation whereby a firm is operating at huge deficits, every aspect of the film will be concerned. This will include staff, customers, investors, and operational activities, thereby affecting the firm's sales and cost of operation. As a result, this will ultimately affect the firm's EBIT.
Assume you gave up a $60,000 per year job at an accounting firm to start your own tax preparation business. To simplify, assume your tax personal obligations are the same whether you run your own firm or work for another firm. If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your accounting profit
Answer:
Accounting profit= $70,000
Explanation:
Giving the following information:
If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your accounting profit
The accounting profit does not include the opportunity cost of leaving the accounting job. In this case, the accounting profit is:
Accounting profit= revenue - costs
Accounting profit= 75,000 - 5,000
Accounting profit= $70,000
the 3 hour per week that 100 million volunteers donate every year in the US is equal to how many full time worker
a. 1 million
b. 7.5 million
c. 100 million
d. 750 million
The equivalent number of full-time workers based on the 3 hours per week volunteered by 100 million volunteers in the US is approximately 144,230 full-time workers. Option C is the correct answer.
To calculate the equivalent number of full-time workers based on the 3 hours per week that 100 million volunteers donate every year in the US, we need to determine the total number of hours volunteered and divide it by the number of hours worked by a full-time worker in a year.
Let's assume a full-time worker works an average of 40 hours per week, and there are 52 weeks in a year.
Total hours volunteered per year:
3 hours per week * 100 million volunteers = 300 million hours
Total hours worked by a full-time worker per year:
40 hours per week * 52 weeks = 2,080 hours
Equivalent number of full-time workers:
300 million hours / 2,080 hours = approximately 144,230 full-time workers
Option C is the correct answer.
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how many cowboy hats can you fit on your head
Answer:
7
Explanation:
which 2 statements are true about billable expenses
invoicing for a billable expense must always use an income account,
a default markup percentage can be added automatically on the invoice,
the purchase transaction
Explanation:
The two true statements about billable expenses are:
1. Invoicing for a billable expense must always use an income account: When invoicing a client for a billable expense, it is necessary to use an income account to record the revenue generated from that expense. This allows for proper tracking of the income related to the expense.
2. A default markup percentage can be added automatically on the invoice: Some businesses may choose to add a markup percentage to the original cost of a billable expense when invoicing the client. This markup percentage helps cover any additional costs or overhead associated with the expense. The use of a default markup percentage can automate this process, making it easier to calculate and include in the invoice.
How do the location and size of warehouses affect the performance of a firm such as IKEA?
Answer:
Just guessing here, but could it be that the storage directly affects the layout which can determine the size. Ikea is known as a furniture store, so of course they need space to sell things like beds, couches, etc. In a smaller Ikea you cannot sell as many couches & refrigerators as you could in a larger Ikea, also you may have a larger variety. In turn if a customer enters a smaller Ikea said customer may not find the item they were looking to purchase & as a result may leave. Whereas in a larger Ikea they are more likely to find their item & make a purchase causing the business to gain more profit. Therefore sizing determines product, product determine profit and without a profit there is a much worse performance.
What is a "closing balance?
a.) The amountof money you have at the end of the statement period
b.)The amount of money you have when you close your account
c.)The amount of money you owe at the end of the statement period
d.)The amount of money waiting to be transferred out of your account
Faster pls
Answer:
The answer is A
Explanation:
A closing balance is the amount of money a business has at the end of a specific time period.
Do incentives have to be positive?
To inspire their employees, the majority of businesses can choose from a variety of incentives. Negative incentives are an alternative to the positive incentives that are used by many companies.
How do negative incentives affect people?By forcing you to make payments, negative incentives make your financial situation worse. You will be charged for these bonuses. Tickets, fees, and fines may serve as unfavorable economic incentives. Because these are outcomes you don't want, they are referred to as negatives.
What are the benefits and drawbacks of providing incentives?When it comes to IT developers, engineers, and the like, incentives are more likely to cause stress than they are to inspire production-line workers to boost throughput, for instance. Quality can suffer if productivity is the main focus.
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A business must decide whether to open a new office in China. If it opens the
branch, it will increase its chances of selling a high volume of its products in
China. On the other hand, the business will have to spend a lot of money to
make the branch operational.
What would be an opportunity cost for the business if it chooses not to open
the new branch in China?
O A. The business would increase its marginal benefits on each
product it makes
O B. The business would lose the chance to make more money in
China.
O C. The business would have to open a new branch in a different
country
O D. The business would be able to use the money it saves on other
projects.
Match each statement with the change it describes.
You are currently in a sorting module. Turn off browse mode or quick nav, Tab to items, Space or Enter to pick up, Tab to move, Space or Enter to drop.
Change in quantity supplied
Change in supply
Change in quantity demanded
Change in demand
Answer Bank
The matches of statement with its changes are movement along the demand curve due to a change in the price of the product- Change in quantity demanded. entire demand curve caused by a change in any factor affecting demand other than price. - Change in demand. shift in the entire supply curve caused by a change in any factor affecting supply other than price. - Change in supply. So, the match are a) - 3), b) - 1) and c) - 2).
A movement along the demand curve due to a change in the price of the product, while all other factors affecting demand remain constant, describes a change in the quantity demanded.
An entire demand curve caused by a change in any factor affecting demand other than price is referred to as a change in demand. Finally, a shift in the entire supply curve caused by a change in any factor affecting supply other than price is known as a change in supply.
These three concepts are fundamental in understanding market dynamics and are commonly used in economics. So, the match are a) - 3), b) - 1) and c) - 2).
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--The given question is incomplete, the complete question is given
" Match each statement in column A with the change it describes in column B
Column A
a) movement along the demand curve due to a change in the price of the product.
b) entire demand curve caused by a change in any factor affecting demand other than price.
c) shift in the entire supply curve caused by a change in any factor affecting supply other than price.
column B
1) Change in demand
2) Change in supply
3) Change in quantity demanded"--
watch the video " the best stats youve ever seen " then answer the questions.
Answer:
the evonimy did thi sna s ithat
Explanation:
Which option identifies the type of budget Natasha is working on in the following scenario?
Natasha works for an upscale restaurant in a large urban area. Her supervisors have asked her to prepare a budget for opening a new restaurant on the east side of the city.
A. Capital budget
B. Personal budget
C. Operating budget
D. Cash flow budget
. Compute cost of direct labor used.2. Compute cost of direct materials used.3. Compute cost of goods manufactured.4. Compute cost of goods sold. (Do not consider any underapplied or overapplied overhead.)
1. The computation of the direct labor used is as follows:
Factory Payroll (paid with cash): $57,000
Indirect labor: $7000
Direct labor = $50,000 ($57,000 - $7,000)
2. The computation of the direct materials used is as follows:
Raw Materials, November 30: $10,000
Raw materials purchases 40,000
Raw Materials, December 31: $12,000
Raw materials used = $38,000 ($10,000 + $40,000 = $12,000)
Indirect materials: $5,000
Direct materials used = $33,000 ($38,000 - $5,000)
3. The computation of the cost of goods manufactured is as follows:
Work in process, November 30: $15,000
Direct materials 33,000
Direct labor 50,000
Manufacturing overhead applied 35,000 ($50,000 x 70%)
Work in process, December 31: ($20,000)
Cost of goods manufactured $113,000
4. The computation of the cost of goods sold is as follows:
Finished goods, November 30: $7,500
Cost of goods manufactured $113,000
Finished goods, December 31: ($10,000)
Cost of goods sold $110,500
Question Completion:As consultants, we are hired to help the company track and report costs. The following Tableau Dashboard is provided to assist us in our analysis.
INVENTORIES:
Raw Materials, November 30: $10,000
Raw Materials, December 31: $12,000
Work in process, November 30: $15,000
Work in process, December 31: $20,000
Finished goods, November 30: $7,500
Finished goods, December 31: $10,000
FACTORY OVERHEAD:
Indirect materials: $5,000
Indirect labor: $7,000
Other overhead costs: $30,000
Total Overhead: $42,000
SALES, MATERIALS, AND PAYROLL FOR DECEMBER
Factory Payroll (paid with cash): $57,000
Raw materials purchases (paid with cash): $40,000
Sales (received in cash): $200,000
PREDETERMINED OVERHEAD RATE
Predetermined overhead rate based on direct labor cost: 70%
Thus, the cost of goods manufactured is $113,000.
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What is a difference between a cover letter and an introduction statement?
You only need to use formal language in an introduction statement.
A cover letter is typically submitted with a resume. An introduction statement is used with online applications.
Introduction statement are more detailed than cover letters.
A cover letter is much shorter than an introduction statement.
The difference between a cover letter and an introduction statement is that C. A cover letter is typically submitted with a resume. An introduction statement is used with online applications.
What is a cover letter?Although they have a similar format, a cover letter and an introduction letter serve very different purposes. A letter of introduction informs a potential employer of your qualifications and expresses your desire to be considered for a position. In response to a recent job posting, a cover letter is written.
The main distinction is that a supporting statement is included in the application form and responds to questions like "Please explain why you are perfect for this role," whereas a cover letter is typically sent separately from your CV.
In a cover letter for a job application, you can introduce yourself personally and argue why hiring you would be wise. Include specific examples from your prior experience that show you are qualified for the position in your cover letter, which should be three paragraphs or less long.
Therefore, based on the information illustrated, the correct option is C.
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Question 1 of 20
When you introduce yourself to an interviewer, your handshake should be
OA. not too firm but not too limp
OB. very firm
OC. a high five
O D. very light
SUBMIT
Answer: The best option for a handshake when introducing yourself to an interviewer is Option A: not too firm but not too limp.
A handshake is an important part of the interview process and can set the tone for the rest of the meeting. It should be professional, confident, and respectful. A handshake that is too firm can come across as aggressive or dominating, while a handshake that is too limp can be seen as weak or uncertain.
Therefore, it is recommended to aim for a firm but not overpowering grip when shaking hands with an interviewer. This shows that you are confident and capable, but also respectful and courteous. A high five or very light handshake are not appropriate for a professional setting like a job interview.
2.
Which form of interest provides the greater return?
a. simple
b. compound
C. complex
d. fragment
Imagine you are the auditor at Acme Company (a large publicly traded company based in the United States), which intends to acquire another company for a price of 8.5 billion dollars, or 7.8 percent of Acme’s total assets. The SEC has created materiality standard rule-of-thumb guidance (not a mandate or law) for mergers and acquisitions regarding reportable events. It states that mergers or acquisitions that exceed 5 percent of the acquiring company’s total assets should be registered with the SEC. So, technically, this acquisition is considered material and does not legally need to be registered. The question is, should it be? From an ethical standpoint, would you advise registering this acquisition?
Write a three-page memo to your company leadership that explains your decision on whether or not to register the acquisition with the SEC. It should:
Explain your approach to answering the question of whether to file using sound reasoning that includes all critical areas that will inform the decision. Consider the following:
The criteria upon which you base your decision.
Ethical and professional reference points that guide you.
Possible ramifications for shareholders or other potentially interested parties.
State and justify your decision effectively using support from appropriate statutes, laws, or other ethical standards. Note: There is no right or wrong answer, but you must support your position.
The memo based on the information will be:
Memo
To: Acme Company Leadership
From: [Your Name], Editor
Subject: Decision on SEC Registration of Acquisition
Acme Company is considering the acquisition of another company for a price of 8.5 billion dollars, or 7.8 percent of Acme’s total assets. The SEC has created a materiality standard rule-of-thumb guidance for mergers and acquisitions regarding reportable events, stating that mergers or acquisitions that exceed 5 percent of the acquiring company’s total assets should be registered with the SEC.
In this memo, I will explain my approach to answering the question of whether to file the acquisition with the SEC and provide a recommendation based on sound reasoning that includes all critical areas that will inform the decision.
What is a memo?In a professional setting, a memorandum is a written communication. These messages, which are frequently abbreviated "memos," are typically succinct and made to be quickly understood. Thus, memos can effectively communicate crucial information so that dynamic and effective changes can be made.
In making my decision, I will consider the following criteria:
Compliance with laws and regulations: It is essential that Acme Company complies with all relevant laws and regulations, including those set forth by the SEC.
Materiality: As the acquisition represents 7.8 percent of Acme’s total assets, it is considered material according to the SEC’s rule-of-thumb guidance.
Transparency: The acquisition should be transparent to shareholders and other potentially interested parties.
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what does it mean to drive ahead
To "drive ahead" typically means to move forward or progress in a particular direction, usually in a vehicle such as a car.
This can be interpreted literally or figuratively. Literally, it means to move forward on a road or path.
Figuratively, it can refer to making progress towards a goal or objective, overcoming obstacles, or taking proactive steps to achieve a desired outcome. The phrase "drive ahead" can also be used to encourage someone to keep moving forward and not give up.
In this game, players control a car and compete against other players in various challenges and game modes, such as racing, smashing opponents, and avoiding obstacles. The objective is to win matches and unlock new cars and game content. The game is available on both iOS and Android platforms and has become quite popular since its release in 2015.
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In 2019, Colin and Laura sold their house for $990,000. They paid $40,000 in expenses so their proceeds are $950,000. They bought the house in 2013 and paid $300,000 for the home and spent $30,000 to add on a garage so their basis would be $330,000. They subtract $330,000 from $950,000 to find their gain equals $620,000. When filing their joint income tax return, if all of other conditions are met, what is the maximum amount Colin and Laura could exclude from the sale of their home
Answer:
the total maximum amount that excluded is $500,000
Explanation:
The computation of the maximum amount that could be excluded is as follows:
In the case of the gain on sale of personal residence of taxpayer the amount of $250,000 would be considered as an exclusion other than married filing
But in the case of married filling the above amount should be doubled
Therefore the total maximum amount that excluded is $500,000
c. Enter into an alliance with a large European pharmaceutical firm. The products would be manufactured in Europe by the 50-50 joint venture and marketed by the European firm.
Answer: c. Enter into an alliance with a large European pharmaceutical firm. The products would be manufactured in Europe by the 50-50 joint venture and marketed by the European firm.
Explanation:
Reasons why it should enter into business with a European firm;
As mentioned in the text, the company is a small one in the an industry that is dominated and trusted by big names such as GSK and Pfizer. It would do the company a world of good to get into business with a large European firm and use the opportunity to increase their brand popularity and grow in size.The Canadian firm might not know much about how to go about conducting business in the European union and this can be detrimental to its business. Getting involved with the European firm will ensure that their product is properly marketed by an entity that knows how to do business in the target market.It will be cheaper to engage with the European firm than to begin anew and go alone at penetrating the European market. The Marketing cost alone will be significant because they will be going up against well established names. By partnering with the European firm, the Canadian firm will gain access to the European firm's already established distribution network even if all that they handle is marketing because they will market to their connections first. The Canadian will stand to gain knowledge on marketing techniques in the European Union that they can then use to their advantage for other products that they might have.Barrington Enterprises earned $4.3 million in taxable income (earnings before taxes) during its most recent year of operations. Use the corporate tax rates shown in the popup window, LOADING..., to calculate the firm's tax liability for the year. What are the firm's average and marginal tax rates?
During its most recent fiscal year, Barrington Enterprises made $4.3 million in taxable income (profits before taxes). The firm's average tax rate and marginal tax rate is 21%.
First, determine the tax rate that applies to your $4.3 million taxable income. The global average statutory corporate tax rate is 23.37%.
We combine Barrington Enterprises' taxable income of $4.3 million at the applicable tax rate of 21% to become taxable. That means we have a tax liability of $903,000.
The average rate is obtained by dividing the total amount of tax due by the amount of taxable income. The typical tax rate in this situation is $903,000/$4.3 million, or 21%.
The rate at which an additional dollar of income would be taxed is known as the marginal tax rate. Barrington Enterprises has a taxable income of $4.3 million in this instance, thus any more income would be taxed at a rate of 21%.
Tax compliance refers to both societal norms and individual practises that help to guarantee that taxpayers are paying the right amount of tax at the right time and receiving the right tax breaks and allowances.
In order to support government spending and other public expenditures (regional, local, or federal), a governmental body levies a tax on a taxpayer (an individual or legal corporation).
Between 3000 and 2800 BC, taxes were first imposed in ancient Egypt. Late payments and evading or retaliating against taxation are also illegal. Direct or indirect taxes may be paid in cash or in the equivalent in compensation at work.
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Buddy's Burger Barn purchased produce for the week from one of its
suppliers. The business's accountant credited the Accounts Payable account
for $150. How will this purchase impact the balance sheet?
A. It will be subtracted from the total balance of Accounts Payable,
and then transferred to the Current Liabilities section of the
balance sheet.
B. It will be added to the total balance of Accounts Payable, and then
regarded as cash on hand on the balance sheet.
C. It will be added to the total balance of Accounts Payable, and then
transferred to the Current Liabilities section of the balance sheet.
D. It will be subtracted to the total balance of Accounts Payable, and
then regarded as cash on hand on the balance sheet.
Answer:
thanks bro your wrong the answer is
C.) it will be added to the total balance of accounts payable, and then transferred to the current liabilities section of the balance sheet.