120. when xanadu corp. bought desert company several years ago, it recorded $800,000 goodwill. today, the acquired goodwill has fair value of $650,000 and expected undiscounted cash flows of $875,000 from these net assets. which entry should be recorded?
Answers
Xanadu Corp. should perform an impairment test on the goodwill and record a loss of $150,000.
Goodwill is an intangible asset that represents the excess value of one company acquired over another. An impairment of goodwill happens when the fair value of the acquired goodwill is lower than its carrying amount (i.e. the value at which it was initially recorded).
When goodwill is impaired, a company is required to write it down (i.e. record a loss) in its financial statements. The impairment loss is the difference between the carrying amount of goodwill and its fair value.
The following steps should be taken when testing for goodwill impairment:
Step 1: Find the fair value of the goodwill (in this case, $650,000).
Step 2: Compare the fair value of the goodwill with its carrying amount. If the fair value is lower than the carrying amount, then the goodwill is impaired.
Step 3: Determine the amount of impairment loss. This is calculated as the difference between the carrying amount of the goodwill and its fair value (i.e. $800,000 - $650,000 = $150,000).
Step 4: Record the impairment loss in the financial statements. In this case, Xanadu Corp. should record a loss of $150,000 on its income statement.
The journal entry to record the loss would be as follows:
Impairment loss: $150,000Goodwill: $150,000
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Related Questions
how long will the increase in food stamps last in alabama 2021
Answers
Based on the latest information released by the Alabama government, the increase in food stamps would last in 2021, "when the target of 500,000 children has been met."
Food Stamps in Alabama 2021As a result of the coronavirus pandemic, the state government of Alabama, like many other states government in the United States, is giving out food stamps to people.
However, the rolling out of these current food stamps will last until after the target has been met, which is "500,000 children."
The food stamps benefit totaled $180 million.
Hence, in this case, it is concluded that the correct answer is "when the target of 500,000 children has been met."
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True or false.
Supply and demand determines the price of labor paid for jobs earning more than minimum wage.
Answers
Answer:
true
Explanation:
ENGLISH
Read the passage given below
The choices we make on a daily basis-wearing a seatbelt, lifting heavy objects correctly or purposely staying out of any dangerous situation can either ensure our safety or bring about potentially harmful
circumstances. You and I need to make a decision that we are going to get our lives in order Exercising self-control, self-discipline and establishing boundaries and borders in our lives are some
of the most important things we can do. A life without discipline is one that's filled with carelessness.
We can think it's kind of exciting to live life on the edge. We like the image of "Yeah! That's me! Living on the edge! Woo-hoo!" It's become a popular way to look at life. But if you see, even highways have lines, which provide margins for our safety while we're driving. If we go over one side, we'll go into the ditch. If we cross over the line in the middle, we could get killed. And we like those lines because they help to keep us safe. Sometimes we don't even realize how lines help to keep us safe.
I'm not proud of this, but for the first 20 years of my life at work, I ignored my limits. I felt horrible, physically, most of the time. I used to tell myself "I know I have limits and that I've reached them, but I'm going to ignore them and see if or how long I can get by with it." I ran to doctors, trying to make myself feel better through pills, vitamins, natural stuff and anything I could get my hands on. Some of the doctors would tell me, "It's just stress." That just made me mad. I thought stress meant you don't like what you do or can't handle life, and I love what I do. But I kept pushing myself, travelling, doing speaking engagements and so on-simply exhausting myself. Finally, I understood I was living an unsustainable life and needed to make some changes in my outlook and lifestyle. You and I don't have to be like everyone else or keep up with anyone else.
Each of us needs to be exactly the way we are, and we don't have to apologize for it. We're not all alike and we need to find a comfort zone in which we can enjoy our lives instead of making ourselves sick with an overload of stress and pressure.
i. The reason why living on the edge has become popular, is because of the
a) constant need for something different.
b) population being much younger.
c) exhausting effort to make changes.
d) strong tendency to stay within our limits
ii. Choose the option that best captures the central idea of the passage from the given quotes.
a) It is all about quality of life and finding a happy balance between work and friends.
b) to go beyond is as wrong as to fall short
c) life is like riding a bicycle. To keep your balance you must keep moving.
d) balance is not something you find, it is something you create.
iii. Which of the characteristics are apt about the writer in the following context: "I know I have
limits and that I've reached them, but I'm going to ignore them and see if or how long I can get by
with it."?
1) negligent 2) indecisive
3) spontaneous
4) reckless 5) purposeless 6) patient
a) 2 and 5
c) 1 and 4
b) 3 and 6
d) 2 and 3
iv. Which of the following will be the most appropriate title for the passage?
a) Much too soon
b) Enough is enough
c) How much is too much? d) Have enough to do?
v. The phrase "potentially harmful circumstances” refers to circumstances that can
a) certainly be dangerous. b) be fairly dangerous.
c) be possibly dangerous. d) seldom be dangerous
vi. Select the option that makes the correct use of “unsustainable", as used in the passage, to fill in
the blank space.
a) In the long run, the_______officials followed emergency procedures.
b) Emergency procedures were _______ by the officials.
c) Officials reported a set of _______ events during the emergency.
d) Officials admit that the emergency system is __________ in the longer run.
vii. The author attempts to the readers through this write-up.
a) rebuke
b) question c) offer aid to d) offer advice to
viii. The author uses colloquial words such as "yeah" and "Woohoo!". Which of the following is
NOT a colloquial word?
a) hooked
b) guy
c) stuff
d) stress
ix. What does the author mean when he says, "to get our lives in order"?
a) To resume our lives.
b) To organize our lives.
c) To rebuild our lives.
d) To control our lives.
x. Choose the option that correctly states the two meanings of 'outlook', as used in
the passage.
a) A person's evaluation of life
b) A person's experiences in life
c) A person's point of view towards life d) A person's regrets in life
e) A person's general attitude to life
xi. The author explains the importance of discipline and boundaries in our lives
using the example of
a) road accidents.
b) traffic rules.
c) lines on the highway.
d) safe driving.
xii. What is the message conveyed in the last paragraph of the passage?
a) Love what you do.
b) Love yourself to love others.
c) Be the best version of yourself. d) Be yourself.
Answers
Answer:
mother trucker u suppose to put one answer
Answer:
if ur gonna put 90234982304 questions and a passage maybe give more than 5pts lol
Explanation:
Use this with "kind."
True
False
Answers
Answer:
??? what do you mean? please be more elaborate
According to the quantity theory of money, if the money supply grows at 20 percent and real GDP grows at 5 percent, then the inflation rate will be
Answers
Based on the quantity theory of money, if the money supply grows at 20 percent and real GDP grows at 5 percent, the estimated inflation rate would be 15 percent.
According to the quantity theory of money, the inflation rate can be estimated by subtracting the growth rate of real GDP from the growth rate of the money supply. In this case, if the money supply grows at 20 percent and real GDP grows at 5 percent, we can calculate the inflation rate as follows:
Inflation Rate = Money Supply Growth Rate - Real GDP Growth Rate
Inflation Rate = 20% - 5%
Inflation Rate = 15%
This indicates that the general price level is expected to increase by 15 percent due to the expansion of the money supply exceeding the growth in real output (real GDP).
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Required Information. [The following information applies to the questions displayed below] Sweeten Company had no jobs in progress at the beginning of March and no beginning inventories. The company has two manufacturing departments-Molding and Fabrication. It started, completed, and sold only two jobs during March- Job P and Job Q. The following additional Information is available for the company as a whole and for Jobs P and Q (all data and questions relate to the month of March) Total Estimated total machine-hours used i 7,040 Estimated total fixed manufacturing overhead Molding 4,400 $ 17,600 $ 1.40 Fabrication 2,640 $ 26,400 $2.20 $ 44,000 Estimated variable manufacturing overhead per machine- hour Job P Job Q Direct materials $ 22,888 $ 14,000 Direct labor cost $ 36,960 $ 13,200 Actual machine-hours used: Molding 3,040 1,410 Fabrication 1,060 1,530 Total 4,100 2,940 Sweeten Company had no underapplied or overapplied manufacturing overhead costs during the month. Required: For questions 1 to 9, assume that Sweeten Company uses departmental predetermined overhead rates with machine- hours as the allocation base in both departments and Job P Included 20 units and Job Q included 30 units. For questions 10 to 15. assume that the company uses a plantwide predetermined overhead rate with machine-hours as the allocation base 14. Assume that Sweeten Company used cost-plus pricing (and a markup percentage of 80% of total manufacturing cost) to establish selling prices for all of its jobs. What selling price would the company have established for Jobs P and Q? What are the selling prices. for both jobs when stated on a per unit basis? (Do not round Intermediate calculations. Round your final answers to nearest whole dollar.) Job P Job Q Total price for the job Selling price per unit
Answers
The plantwide predetermined overhead rate formula is given by:Plantwide predetermined overhead rate formula = (Total estimated manufacturing overhead cost) / (Total estimated machine hours)Plantwide predetermined overhead rate = (44000) / (7040) = $6.25 per machine hour.
The estimated total manufacturing overhead cost is $44,000 and the estimated total machine hours are 7,040.Therefore, Sweeten Company's plantwide predetermined overhead rate is $6.25 per machine hour. Now, we can calculate the total manufacturing overhead cost and the total cost for both jobs.Job P = Direct materials + Direct labor + Total manufacturing overhead cost = $22,888 + $36,960 + ($1.4 * 3,040) + ($2.2 * 1,060) = $86,408.
Job Q = Direct materials + Direct labor + Total manufacturing overhead cost = $14,000 + $13,200 + ($1.4 * 1,410) + ($2.2 * 1,530) = $36,238Selling price = Cost + (Markup percentage * Cost)Markup percentage = 80% of total manufacturing cost.
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are partnerships that provide professional and noncommercial assistance or advice.
Trading partnerships
Non-trading partnerships
General partnerships
Hi Special partnerships
Answers
Answer:
Non-trading partnerships
Explanation:
The non-trading partnership is a partnership that provides the professional and uncommercial advice or suggestions in terms of legal, medical, accounting, etc. Here all the partners have an active role for managing the business also they have unlimited liability with respect to any claim that against the firm
Therefore as per the given situation, the second option is correct
what do you think about kid rock approach to pricing his t
Answers
Kid Rock's approach to pricing his tickets is unique and creative. He has used a different pricing strategy than most artists, by setting a base price for all tickets and then allowing the fans to decide what they want to pay for it.
This allows the fans to pay what they think is fair, while also giving Kid Rock the opportunity to make more money if people are willing to pay more. Overall, it is an innovative way of pricing tickets and a great way to get people involved and excited about the show.
By giving fans the option to pay what they think is fair, Kid Rock is showing that he values and appreciates his fans, which ultimately will lead to more people wanting to attend his concerts.
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Complete question is:-
what do you think about kid rock approach to pricing his tickets?
what is federal income tax of someone who makes 52,000 a year in 2020
Answers
Hope this helped!
in order to implement the marketing concept, what is essential for a business to have?
Answers
In order to implement the marketing concept, it is essential for a business to have a deep understanding of its target market, including their needs, preferences, and behaviors. This involves conducting market research and gathering data on consumer trends, demographics, and psychographics.
Another key element for implementing the marketing concept is the development of a strong brand identity that resonates with the target market. This includes creating a brand image, messaging, and a unique value proposition that sets the business apart from its competitors. Effective communication channels are also critical for implementing the marketing concept. This involves selecting the appropriate channels for reaching the target market, such as social media, email marketing, or traditional advertising. It also requires developing compelling messaging that speaks to the target audience and motivates them to take action. Finally, it is important for a business to have a customer-centric approach to marketing. This involves prioritizing the needs and wants of the target market and delivering value through high-quality products or services. By putting the customer first, businesses can build loyalty and long-term relationships, which are essential for success in today's competitive marketplace.
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Effective minimum-wage laws will most likely:_____.
a. increase incomes for all unskilled workers.
b. create a surplus of labor.
c. increase demand for labor.
d. decrease incomes for all unskilled workers.
Answers
'Effective minimum-wage laws will most likely increase incomes for all unskilled workers.
wage laws mediates relations between workers, employers, unions and governments. Collective labor law refers to the tripartite relationship between employees, employers and unions. The Personal Employment Act also affects employees' rights at work through employment contracts.
Law that sets minimum wages for certain occupations. It is appropriate to set a minimum rate of Wages for specific occupations;
Wages are payments made by an employer to an employee for work performed over a period of time. Examples of wage payments include minimum wages, applicable wage laws, compensatory payments such as annual bonuses, and compensatory payments such as prizes and tips.
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A low-cost, no-frills grocery store chain that began in the United States decided to open similar stores in Germany which did not have any stores like this. What type of FDI is this company using
Answers
A greenfield investment is the type of Foreign direct investment used by the grocery store chain that began in the United States but decided to open similar stores in Germany.
What is a greenfield investment?A greenfield investment means a foreign portfolio whereby company merely buys the stocks or bonds of an existing company.
Thus, the greenfield investment is the type of Foreign direct investment used by the grocery store chain.
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how was walgreens able to apply marketing research insights to boost revenues in a sluggish economy?
Answers
By applying marketing research insights, Walgreens was able to improve its customer experience, build stronger relationships with local communities, and increase revenue despite a sluggish economy.
Walgreens was able to apply marketing research insights to boost revenues in a sluggish economy by making a few adjustments that benefited both its customers and the business. Here's how:Walgreens focused on customer needs:Walgreens uses customer-centric marketing strategies, which helped the company gain a competitive advantage in a sluggish economy. They conducted market research to understand customer needs better. Walgreens identified the pain points and stressors of their customers, such as long wait times, poor customer service, and expensive prescription drugs.Walgreens improved their customer experience:
By studying their customers, Walgreens was able to identify areas for improvement. For example, they found that customers were spending too much time in stores waiting in line to pick up their prescriptions. Walgreens introduced a new Express Lane service that allowed customers to pre-order and prepay for their prescriptions, cutting wait times dramatically.Walgreens' focus on community:
Walgreens used marketing research insights to build relationships with local communities. Walgreens launched the "Way to Well" program, which offered free health screenings, including blood pressure and glucose testing, to its customers. This program allowed Walgreens to provide a valuable service to customers while building a positive brand image.Walgreens also invested in advertising campaigns, using popular spokespeople such as Drew Brees and John Legend to appeal to a broad audience.
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How should managers balance fairness (consistency of
disciplinary actions) with the fact that people are unique, have
different situations, and do not necessarily respond to the same
treatment?
Answers
Managers should balance fairness (consistency of disciplinary actions) with the fact that people are unique, have different situations, and do not necessarily respond to the same treatment by being flexible and considering each employee's situation individually.
This can involve taking into account factors such as an employee's past performance, their personal circumstances, and the nature of the offense committed.
Additionally, managers should ensure that disciplinary actions are proportionate to the severity of the offense and that they are communicated clearly and consistently to all employees.
Overall, managers should strive to treat employees fairly and consistently while recognizing and responding to the unique circumstances of each individual.
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does bank accounts last forever?
Answers
Answer:no they don’t
Explanation:
they will become dormant after 24 months
Question 15 of 20
A business that wants to increase productivity for its main product needs to:
Answers
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products...
Why is it called a company?
Discover the response to your inquiry. A company that wishes to boost production by investing in equipment that makes it easier to produce more products... Etymology. The Old French word compagnie, which first appeared in the Salic law (c. 1150) and meant "society, companionship, intimacy; body of troops," is where the English word "company" derives from. Companio originally derived from Late Latin and meant "one who eats bread with you." types of businesses Any business created in accordance with the 2013 Companies Act is referred to as a "company."
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how come ethics impact on psychology
Answers
Answer:
Ethical implications are the impact in which psychological research could have on the rights of individuals. This could be how the research affects public policy or the way in which certain groups are viewed or treated.
Explanation:
Discuss intellectual property frankly.
Be conscious of multiple roles.
Follow informed-consent rules.
Respect confidentiality and privacy.
Tap into ethics resources
Which of the following was not one of Reagan's four major policy objectives during his presidency?
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation
Answers
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.
Tara was shopping for a new pair of shoes for work. The salesperson was very helpful and friendly, bringing Tara some styles she hadn't thought to try on but that she ended up really liking. Noticing Tara's University of Wisconsin tee-shirt, the salesperson said that she was a student there. Tara ended up buying three pairs of shoes rather than the one pair she had planned on. Tara's experience shows the effect of ________ on consumer behavior.
Answers
Answer:
salespeople
Explanation:
In the context, Tara wishes to buy new shoes for her work. She went to shoe shop and try out different shoes. The salesperson is helping her a lot in finding out her new pair of shoes and is also showing Tara some of the latest designs that are available in the shop.
The salesperson is polite and helpful to her. Tara found out that the salesperson also belonged to the same university where Tara studied. And she ended up in buying three pair of shoes instead of one. This shows the effect of the salesperson on the consumer behavior of Tara.
i) What is the benefit of pooling cross sections over time for regression analysis? Which
feature does allow this operation? In that case, are regression assumptions violated?
ii) We intend to analyze the effect of minimum wage adjustment on employment in
January of 2022. Higher minimum wages reduce employment. However, we haven't
had this data yet. In this case, we find similar period which had been occurred in 2016.
Please write an equation for this problem which can be taken as an event study
showing how two cross-sectional data sets, collected before and after the occurrence
of an event, can be used to determine the effect on economic outcomes (Policy
evaluation analysis). Which tools can be used? Express variables clearly.
Answers
The event study equation for policy evaluation analyzes the effect of minimum wage adjustment on employment using two cross-sectional datasets before and after the event.
In policy evaluation, an event study equation is used to examine the impact of minimum wage adjustments on employment. By comparing two cross-sectional datasets collected before and after the event, the equation estimates the effect on economic outcomes. The equation includes variables such as individual fixed effects, post-event period indicators, treatment indicators, control variables, and error terms. Tools like fixed effects regression or difference-in-differences analysis can be applied to estimate the causal effect and evaluate the policy's impact on employment.
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Which is a characteristic of judging approach
Answers
Answer:
Clarity and Closure
Explanation
Judgers take a planned, ordered, and precisely calibrated approach to life, developing both short- and long-term plans to assist them in achieving their objectives. For them, schedules and "to-do" lists are consoling. They dislike uncertainty and change, preferring to know what they are getting into instead.
Those that have this preference feel more in control of their surroundings. They are disciplined and resolute, seeking resolution as soon as possible to reduce stress. Judgers struggle with open-ended plans because they have a "work first-play later" mentality. Instead of addressing issues as they arise, they would prefer to devise three distinct backup plans.
Judgers take their obligations and deadlines very seriously, both in business and in life. They are quite particular.
In school we have to write a pitch where we persuade people to buy a product, one that we made up, but this product has to solve a problem any problem we want. I would like some inspiration or a little help, I’m struggling to find the right idea, this is a big deal in my school and I would like to win. Basically, like I said I have to make a product that solves a problem of my choice and persuade them to buy it, I just need help coming up with a product for whatever problem. Any help is appreciated,Thank you!
Answers
Answer:
Explanation:
Sure, I'd be happy to help! Here are some steps you can take to come up with a product idea that solves a problem:
Identify a problem: Think about common problems that people face in their daily lives. This could be anything from struggling to find matching socks in the morning to feeling anxious about the environment.
Brainstorm solutions: Once you have identified a problem, brainstorm solutions that could solve it. Try to think outside of the box and come up with unique ideas that could stand out.
Evaluate feasibility: Consider the feasibility of your product idea. Can it realistically be produced and sold? Is there a market for it?
Develop a pitch: Once you have a solid product idea, develop a persuasive pitch that highlights the benefits of your product and why people should buy it.
Here are a few example product ideas:
Problem: People struggle to stay hydrated throughout the day.
Solution: A smart water bottle that tracks how much water you drink and reminds you to drink more when you haven't had enough.
Problem: Kids are reluctant to brush their teeth.
Solution: A toothbrush that lights up and plays music to make brushing fun and engaging.
Problem: It can be hard to keep track of daily tasks and appointments.
Solution: A digital planner that syncs with your phone and sends you reminders for important events and deadlines.
Remember to focus on the benefits of your product and why it solves a problem that people are facing. Good luck with your pitch!
Answer: Sure, I'd be happy to help! Here are some steps you can take to come up with a product idea that solves a problem:Identify a problem: Think about common problems that people face in their daily lives. This could be anything from struggling to find matching socks in the morning to feeling anxious about the environment.Brainstorm solutions: Once you have identified a problem, brainstorm solutions that could solve it. Try to think outside of the box and come up with unique ideas that could stand out.Evaluate feasibility: Consider the feasibility of your product idea. Can it realistically be produced and sold? Is there a market for it?Develop a pitch: Once you have a solid product idea, develop a persuasive pitch that highlights the benefits of your product and why people should buy it.Here are a few example product ideas:Problem: People struggle to stay hydrated throughout the day.Solution: A smart water bottle that tracks how much water you drink and reminds you to drink more when you haven't had enough.Problem: Kids are reluctant to brush their teeth.Solution: A toothbrush that lights up and plays music to make brushing fun and engaging.Problem: It can be hard to keep track of daily tasks and appointments.Solution: A digital planner that syncs with your phone and sends you reminders for important events and deadlines.Remember to focus on the benefits of your product and why it solves a problem that people are facing. Good luck with your pitch!
Explanation:
Apart from Amazon, the top online retail firms in terms of online sales are all primarily Selected Answer: virtual merchants Answers: manufacturer-directs omni-channel merchants virtual merchants catalog merchants
Answers
Apart from Amazon, the top online retail firms in terms of online sales are all primarily virtual merchants. Virtual merchants are defined as retailers who conduct their businesses solely online and have no physical storefronts.
These businesses are often referred to as e-commerce stores. In terms of the leading online retail firms, companies like eBay, Walmart, and Apple have all experienced substantial growth in recent years as more and more consumers turn to online shopping as their preferred method of purchasing goods.
These firms have leveraged the power of the internet and digital technology to create robust online shopping experiences that cater to the needs of a wide range of consumers. In addition to providing consumers with a wide selection of products, these firms also offer a range of value-added services such as fast and reliable shipping, flexible return policies, and personalized recommendations.
Overall, the rise of virtual merchants has transformed the retail industry, and these firms are likely to continue to dominate the market in the years to come.
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What is Anderson hoping to do as a next step and why
Answers
Answer:
To make the game into an app
Explanation:
Interestingly, William Anderson was passionate about what he was doing; this passion led Anderson to think about making his Wealth Effect Game an app.
Why? Because he realized that most people lacked basic financial skills and his goal was to to make an app that would allow teachers throughout the country teach their students financial literacy effectively.
What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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The prepaid advertising represents a six-month contract. Record the advertising expense for one month. c. Monthly depreciation on the assets: $75 for Computer, $50 for Furniture, and $100 for Software. Record each depreciation expense as a separate adjusting journal entry. d. The computer supplies on hand total $350. Compare with the amount in the Computer Supplies account to determine how much of the account has been used and then record the expense. e. The office supplies on hand total \$325. Compare with the amount in the Office Supplies account to determine how much of the account has been used and then record the expense. f. The interest on the note payable for one month is $25. Record the interest expense. Add to the Chart of Accounts List the Interest Payable account, Other Current Liabilities type and detail type, number 2030.
Answers
The question seems to be asking for multiple journal entries related to various expenses and adjustments. The question mentions adding the "Interest Payable" account to the Chart of Accounts List. This account should be classified as an "Other Current Liabilities" type and given the detail type number 2030.
Here is a breakdown of the steps and journal entries required:
c. Monthly depreciation on the assets:
- For the computer: Record a depreciation expense of $75.
- For the furniture: Record a depreciation expense of $50.
- For the software: Record a depreciation expense of $100.
d. Recording computer supplies expense:
- Compare the computer supplies on hand ($350) with the amount in the Computer Supplies account.
- Determine the amount of computer supplies used.
- Record the expense for the used computer supplies.
e. Recording office supplies expense:
- Compare the office supplies on hand ($325) with the amount in the Office Supplies account.
- Determine the amount of office supplies used.
- Record the expense for the used office supplies.
f. Recording interest expense:
- Record the interest expense of $25 for one month on the note payable.
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HURRY I NEED HELP!!!
Does globalization (or global trade) provide an opportunity to the world (positive), or does it take advantage of local individuals and cultures (negative)? Explain in a CREW format.
Interviewer: I am here on a very crowded Wall Street with protesters chanting all around me…
Group of Protesters: People before profits! People before profits! People before profits!
Interviewer: Many of these folks are against the growth of global free trade. They believe free trade is to blame for increases in poverty, income inequality (lots of rich and lots of poor), and environmental damage in recent decades. They claim that the elimination of tariffs and other barriers to trade have simply allowed large, multinational corporations to move into and exploit (take advantage of) developing nations, while hurting many U.S. workers and families, too.
Protester 1 (wearing a “No More Sweatshops” T-shirt): The extreme expansion of capitalism and free trade has allowed large, multinational companies to exploit developing countries, and especially their poorest citizens who are often forced to work for less than $1.00 day. Many of the factories set up by these big companies are sweatshops– dirty, dangerous, and the pay is awful. We are here protesting for a ‘living wage’ for all foreign employees of U.S. corporations.
Union representative: I’m tired of these large, unfeeling corporations sending our good paying manufacturing jobs overseas to some factory where workers make $1.50 an hour, instead of letting Americans have those jobs…That’s what’s happening in the textile industry, the steel industry, and the auto industry, too. These are industries that built America and now our jobs are going to China or Mexico...
Interviewer: The other side of this global debate–you might call them free-trade advocates– argues that opening up markets and international borders to free trade has had all kinds of benefits for developing nations, as well as the United States and other industrialized nations. They cite data showing increased life expectancy, increased literacy (ability to read and write), more political freedom, and a reduction in the proportion of people living on less than $1.00 per day in the developing nations.
Manager: Evidence shows that the number of people living on $1.00 per day or less has decreased by 50% in the last 20 years, which was a period of rapid world economic growth, largely because of international trade. And the percentage of people who are malnourished (Starving) has dropped from 56% in the 1960s to only 10% today. Again, during a period of global economic growth, fueled by trade. Look, our corporation has a factory in Vietnam. Last year our factory there paid 2 times the local wage. That was a big step up for those workers, and it made sense for us, too, because it meant we could get the most productive local workers.
Shopper: Let’s also look at all of the different product choices we have. I can go into the grocery store and find different types of food from all over the world. We are limited in what we can produce and grow here in America, so having global trade gives us so many more options.
C- Claim (Globalization provides an opportunity to people throughout the world [or] Globalization takes advantage of local individuals and cultures around the world.)
R- Reason (It provides the opportunity because… [Or] It takes advantage of others because…)
E- Evidence (insert a quote from the reading to prove your positive or negative side)
W- Warrant (This quote shows how globalization is positive/negative because… We should/shouldn’t continue to trade with other countries of the world because...)
Answers
Answer:
In general, globalization has been shown to increase the standard of living in developing countries, but some analysts warn that globalization can have a negative effect on local or emerging economies and individual workers. Globalization is not new.
The Italy can produce 20 Gas turbines and 60 Tyres. France can produce 80 Gas turbines and 30 Tyres.
a). What is the opportunity
cost of producing Gas turbines in Italy? ______ tyres.
b). What is the opportunity cost of producing Tyres in
France ? _______ Gas turbines.
Answers
Answer:
1. 60 Tyres
2. 80 Gas Turbines
Explanation:
Given that the Opportunity cost is an economics term that is used in describing the cost of an alternative that must be forgone to continue or proceed with a certain activity.
Hence, in this case, considering the available information in the question, the correct answer is that the opportunity cost of producing Gas turbines in Italy is 60 Tyres.
At the same time the opportunity cost of producing Tyres in France 80 Gas turbines.
In the context of IMC strategy, what is the difference between public relations and publicity?
A) Public relations deals with positive information; publicity deals with controlling negative information.
B) Publicity deals with many stakeholders; public relations deals only with customers.
C) Publicity is normally done via an in-house staff; public relations is typically outsourced to a specialist.
D) Publicity is more narrowly defined and focused on gaining media attention.
E) There is no difference between public relations and publicity.
Answers
Publicity is more narrowly defined and focused on gaining media attention. So, correct option is D.
In the context of an Integrated Marketing Communications (IMC) strategy, public relations and publicity are both important tools used to promote a company or brand, but they have distinct differences.
Public relations (PR) is a strategic communication process that builds and maintains mutually beneficial relationships between a company and its various stakeholders, including customers, investors, employees, and the media.
PR involves a range of activities, such as media relations, crisis management, event planning, and community outreach. The goal of PR is to establish a positive image for a company or brand, and to enhance its reputation over the long term.
Publicity, on the other hand, refers to the free or earned media coverage that a company or brand receives through news stories, press releases, or other forms of media exposure.
While publicity can be a component of a PR strategy, it is more narrowly focused on gaining media attention and coverage for a specific event, product launch, or announcement. Publicity is often used to generate buzz and excitement around a brand, and can be a valuable way to reach a large audience without paying for advertising.
In summary, while both PR and publicity are important tools in an IMC strategy, they serve different purposes. PR focuses on building relationships and managing communication with various stakeholders, while publicity is more narrowly defined and focused on gaining media attention for a specific event or announcement.
So, correct option is D.
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abcde corp. currently pays $5.60 in dividend, which will grow 5.2% each year. what will be the dividend growth 10 years from now? (in other words, by how much will the dividend grow between the current year and 10 years from now?)
Answers
$4.4752 or 56.58% is the dividend grow between the current year and 10 years from now.
ABCDE corp. currently pays $5.60 in dividend, which will grow 5.2% each year.
The dividend growth in 10 years from now will be 56.58%.
The dividend paid by abcde corp. = $5.60
Dividend growth rate = 5.2%
Now, we need to calculate the dividend growth rate 10 years from now.
Therefore, we will use the formula to calculate dividend growth rate:
Dn = D0 × (1 + g)n
where, D0 = Dividend paid now
Dn = Dividend to be paid in n years
g = Dividend growth rate per year
n = number of years
Using the above formula, we can calculate the dividend growth rate 10 years from now:
D10 = D0 × (1 + g)10
Putting the given values:
D10 = 5.6 × (1 + 5.2%)10
Calculating the expression by putting the given values:
D10 = $5.6 × (1 + 0.052)10
D10 = $10.0752
Dividend growth in 10 years from now = D10 - D0
= $10.0752 - $5.6= $4.4752
Therefore, the dividend growth in 10 years from now will be $4.4752 or 56.58% growth from the current dividend.
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