The year 2 straight-line depreciation expense for the shelving is $1,800.
To compute the year 2 straight-line depreciation expense for the shelving, we need to know the initial cost of the shelving, its useful life, and any estimated salvage value.
Once we have this information, we can use the following formula to calculate the annual depreciation expense:
Depreciation Expense = (Cost of Shelving - Salvage Value) / Useful Life
Let's assume the following details for the shelving:
Cost of Shelving: $10,000
Salvage Value: $1,000
Useful Life: 5 years
Using the formula, we can compute the annual depreciation expense:
Depreciation Expense = ($10,000 - $1,000) / 5 = $1,800
Therefore, the year 2 straight-line depreciation expense for the shelving is $1,800.
To record the journal entry for the depreciation expense, we would debit the Depreciation Expense account and credit the Accumulated Depreciation account. Assuming the company uses separate accounts for each asset, the entry would be as follows:
Journal Entry:
Debit: Depreciation Expense - Shelving $1,800
Credit: Accumulated Depreciation - Shelving $1,800
This entry records the depreciation expense for the shelving and increases the accumulated depreciation account, reflecting the cumulative depreciation recognized over time.
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what two themes are consistent with this chapter’s examination of sport organizations?
A. Organizational politics and inclusion
B. Honesty and inclusion
C. Democratic inclusion and fairness
D. Cheating and politics
Based on the provided options, the two themes that are consistent with this chapter's examination of sport organizations are: Democratic inclusion and fairness and Cheating and politics. The correct answer is option c and d.
C. Democratic inclusion and fairness: This theme suggests that the chapter explores the importance of including diverse perspectives and ensuring fairness within sport organizations. It may discuss how democratic processes and decision-making can contribute to a more inclusive and equitable environment.
D. Cheating and politics: This theme implies that the chapter delves into the issues of cheating and the presence of politics within sport organizations. It may examine instances of unethical behavior, power struggles, and the influence of politics on decision-making processes within these organizations.
These two themes highlight different aspects of the examination of sport organizations, addressing issues related to inclusivity, fairness, integrity, and the potential challenges they face.
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You should write down everything a speaker says when you take notes.
Please select the best answer from the choices provided
T
F
An S corporation had the following income and expenses: Sales $240,000 Rent expense 25,000 Business meals 5,000 Interest income 1,500 Contributions to qualifying charities 600 IRC Section 179 expense 3,000 Depreciation expense 1,800 What would be reported as ordinary income on the corporation's income tax return
The amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
Sales $240,000
Less: Rent expense ($25,000)
Less: 50% Entertainment expense ($2,500)
Depreciation ($1,800)
Ordinary income $210,700
Ordinary income involved the sales amount, rent expense, 50% of entertainment expense, and the depreciation expense
Therefore, we can conclude that the amount that should be reported as the ordinary income on the income tax return of the corporation is $210,700.
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or the year ending december 31, beard clinical supplies co. mistakenly omitted adjusting entries for (1) $9,800 of unearned revenue that was earned, (2) earned revenue that was not billed of $10,200, and (3) accrued wages of $7,000. indicate the combined effect of the errors on (a) revenues, (b) expenses, and (c) net income.
a. Revenues: $20,000 increase
b. Expenses: $7,000 increase
c. Net Income: $12,000 increase
Calculate the effect of the errors on revenues:
The effect on revenues due to the errors is an increase of $9,800 + $10,200 = $20,000.
Calculate the effect of the errors on expenses:
The effect on expenses due to the errors is an increase of $7,000.
Calculate the effect of the errors on net income:
The effect on net income due to the errors is an increase of $20,000 - $7,000 = $13,000.
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____ attempts to prevent trade secrets from being illegally shared.Select one:
a. Electronic Communications Privacy Act
b. Sarbanes-Oxley Act
c. Financial Services Modernization Act
d. Economic Espionage Act
The Economic Espionage Act (EEA) is a federal law that seeks to protect trade secrets from illegal sharing. It was enacted in 1996 and provides criminal and civil penalties for trade secret theft.
The law provides a means to prosecute those who steal trade secrets and allows victims of theft to seek civil remedies to protect their intellectual property. The law also strengthens enforcement of intellectual property rights by allowing the government to prosecute trade secret theft even when the information is obtained without the owner's knowledge or consent. In addition, the Act provides increased penalties for the theft of a trade secret that has a potential impact on interstate or foreign commerce.
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hank operates a perfectly competitive firm in the long run. for several time periods, the market price has been $20 and he knows his break-even price is $22. hank should:
Since Hank is operating in perfect competition in the long run and also the market price is $20, but since his break-even price is $22, he should exit the market as he is incurring loss.
The long run is a time frame during which all cost and production parameters are erratic. In the long run, businesses can modify all costs, however in the short run, they can only influence pricing by altering production levels. Additionally, a company may anticipate competition in the long run even though it could have a dominance in the short term.
Since the break-even price of Hank is $22, which is more than the prevailing market price, in this case if he continues to stay in the market for long run, he will incur loss, therefore, it is better for him to exit the market to prevent himself from more losses.
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Naomi is an entrepreneur of skin care products specializing in face mask. She just started the business and plans to sell only withing her city. If you are Naomi, which pricing strategy do you think would best fit for the product and what distribution channel would you choose?
The valued pricing strategy is the best pricing strategy and the Direct selling is the best distribution channel for the skin care products.
What is a pricing strategy?It refers to the method that is used to establish the best price for a product or service.
The valued pricing strategy will help her fix the best price that is proportionate to the value of the Skin care product while the direct selling will connect her directly to her client.
Therefore, the word "valued pricing strategy" and "direct selling" is correct.
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help
Your friend wishes to purchase a new car. Assuming your friend has a good credit rating, he will likely get the best interest rate on a loan if the inflation rate is
low
high
rising
fluctuating
Answer:
low.
Explanation:
Answer:
The correct answer is A, "Low."
Explanation:
I got it correct on the test. I hope this helps!
what the tech and media layoffs are really telling us about the economy?
Answer:
Explanation:
During 2010s, the labor market was weak, and the tech sector was rising. During the coronavirus pandemic, the U.S. economy experienced a flash-freeze depression, and the tech sector was growing.
Today, the U.S. labor market seems, by some measures, quite strong, and yet the tech and media industries are injured.
The elaboration for this weird moment is that everything in economics these days is an interest-rate story. When interest rates were less, investors valued developed narratives, and tech companies (or companies that called themselves tech companies) had a monopoly on these narratives.
The price-to-earnings ratio of tech companies got out of whack, as investors deploy their faith in companies such as Netflix and Uber and Tesla, which threw off a lot of long-term promises and few short-term profits.
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Expliquen la siguiente frase:
El mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente
Answer:
Efectivamente, el mero crecimiento económico no es suficiente para terminar con la pobreza y preservar el medio ambiente, sino que dicho crecimiento debe ir acompañado de un desarrollo estructural que contemple el acceso igualitario a los distintos servicios por parte de la sociedad, así como también el establecimiento de controles sanitarios y medioambientales que preserven el bienestar de los individuos en el marco del desarrollo de las actividades económicas.
When the names of a husband and wife have already typed on a certificate, but only the husband appears before the notary public to have his signature notarized then:
When a certificate includes the names of both a husband and wife, but only the husband appears before the notary public to have his signature notarized, the notary should Verify the identity of the husband, Ensure proper documentation.
Verify the identity of the husband: The notary public should check the husband's identification to ensure that he is the person named on the certificate.
Ensure proper documentation: The notary should make sure that the certificate is completed correctly, with all necessary fields filled out, except for the wife's signature.
Perform the notarization for the husband: The notary should have the husband sign the certificate in the designated area, and then the notary should complete the notarial act for the husband's signature. This will include adding the notary's own signature, seal or stamp, and recording the notarization in their notary journal.
Leave the wife's section untouched: Since the wife is not present to have her signature notarized, the notary public should not notarize her signature or complete any notarial acts related to her. The wife's section should be left blank or marked "not present" if there is a space for this on the certificate.
Provide instructions to the husband: The notary public should inform the husband that the certificate is only partially notarized and that his wife will need to appear before a notary public to have her signature notarized separately if required.
By following these steps, the notary public can ensure that they are performing their duties accurately and professionally while adhering to proper notarial procedures.
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restful hotel corporation, a u.s. firm, establishes a wholly owned subsidiary in singapore. as a parent corporation, with respect to the subsidiary, restful retains complete ownership of
Restful Hotel Corporation, a U.S. firm, has decided to establish a wholly-owned subsidiary in Singapore. This means that Restful Hotel Corporation will have complete ownership of the new subsidiary.
Restful Hotel Corporation, a U.S. firm, establishes a wholly-owned subsidiary in Singapore. As the parent corporation, Restful retains complete ownership of the subsidiary, meaning they have full control over its operations and decisions. This structure allows Restful to expand its business internationally while managing the Singapore subsidiary's activities in line with the company's overall strategy and goals. As the parent corporation, Restful will be responsible for the subsidiary's operations, while the subsidiary will operate as a separate legal entity. This move allows Restful to expand its operations into Singapore and gain a foothold in the Southeast Asian market. By establishing a wholly-owned subsidiary, Restful will have complete control over the subsidiary's operations and can ensure that its standards and values are maintained.
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which global entry strategy has the highest degree of risk?
The two most basic inventory questions answered by the typical inventory model are:.
The two most basic inventory questions answered by the typical inventory model are order time and order quantity.
What is the Inventory model?Corresponds to a metric that organizations use to control stock, determining the level needed to effectively meet production, raw materials and order demands, in order to identify how much stock is necessary for the flow of organizational processes occur optimally.
Therefore, it is essential that inventory management is analyzed, organized, controlled and reviewed in accordance with organizational objectives and goals.
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Ginger borrowed $3,000 from the bank, and promised to pay it back in 10 years. What is her debt maturity?
A. 3 years
B. 10 years
C. 5 years
The second option, debt maturity 10 years, is the correct one.
What exactly is debt maturity?Maturity refers to the number of years remaining until the original maturity period, which is the sum of the grace and installment periods. The grace period for principal is the time between signing the loan or issuing the financial instrument and the first repayment of principal. Debt maturity structure can have financial and real-world consequences. Short-term debt, typically defined as debt maturing within a year, exposes depositors to rollover risk (when financing terms are renegotiated to the borrower's detriment) and is associated with banking meltdown.
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QUESTION 6 of 10: What markup percentage does New York magazine state that Macy's at Herald Square in New York City uses to mark up
accessories?
a) 72%
b) 127%
c) 185%
Od) 233%
In conclusion correct option for this question is (d) 233%
Why it is?
The markup percentage mentioned by New York magazine for accessories at Macy's in Herald Square is 185%. This means that the price of the accessory is marked up by 185% of its cost.
This markup percentage is considered high and may reflect the expenses that the store incurs, such as rent, salaries, and other operating costs. It is also likely that the markup is influenced by the store's brand recognition and the demand for its products.
However, a high markup may also deter price-sensitive customers, making it important for businesses to strike a balance between profitability and affordability.
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Mannix corporation stock currently sells for $70 per share. the market requires a return of 12 percent on the firm's stock. if the company maintains a constant 5 percent growth rate in dividends, what was the most recent dividend per share paid on the stock
Without the earnings per share (EPS) value, the most recent dividend per share paid on Mannix Corporation stock cannot be determined.
What was the most recent dividend per share paid on Mannix Corporation stock, given a constant 5% growth rate in dividends, a $70 stock price, and a 12% required return by the market?To determine the most recent dividend per share paid on Mannix Corporation stock, we need to use the dividend discount model (DDM). The DDM formula is as follows:
Dividend per share (DPS) = Dividend payout ratio * Earnings per share (EPS)
Since the question states that the company maintains a constant 5 percent growth rate in dividends, we can assume that the dividend payout ratio remains constant as well. Therefore, we can rewrite the formula as follows:
DPS = Dividend payout ratio * EPS
To calculate the dividend payout ratio, we need to consider the growth rate and the required return. The dividend payout ratio can be calculated using the formula:
Dividend payout ratio = (1 - Retention ratio)
The retention ratio is the portion of earnings that is retained by the company for reinvestment, while the dividend payout ratio is the portion of earnings that is paid out as dividends. Given that the company maintains a constant growth rate, the retention ratio is equal to 1 minus the dividend growth rate. Therefore:
Retention ratio = 1 - Dividend growth rate
Now, we can calculate the dividend payout ratio:
Dividend payout ratio = (1 - 0.05) = 0.95
Next, we need the earnings per share (EPS). Since the question does not provide this information, we will assume that the earnings per share are equal to the most recent dividend per share, as the company is maintaining a constant dividend growth rate. Therefore:
EPS = DPS
Now, let's calculate the most recent dividend per share (DPS) using the given information:
DPS = Dividend payout ratio * EPS
= 0.95 * EPS
We still need one more piece of information to proceed—the earnings per share (EPS). Without the EPS value, we cannot determine the exact most recent dividend per share paid on the stock. If you have the EPS value, please provide it so that we can calculate the dividend per share.
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Enterprises that provide goods or services to, or receive them from my training institution or organization
Answer:
Enterprise is another word for a for-profit business or company, but it is most often associated with entrepreneurial ventures. People who have entrepreneurial success are often referred to as “enterprising.” There are many forms of legal enterprises, with the most common in the U.S.
Which of the following statements is CORRECT?a. Diversifiable risk can be reduced by forming a large portfolio, but normally even highly-diversified portfolios are subject to market (or systematic) risk.b. A large portfolio of randomly selected stocks will have a standard deviation of returns that is greater than the standard deviation of a 1-stock portfolio if that one stock has a beta less than 1.0.c. A large portfolio of stocks whose betas are greater than 1.0 will have less market risk than a single stock with a beta = 0.8.d. If you add enough randomly selected stocks to a portfolio, you can completely eliminate all of the market risk from the portfolio.e. A large portfolio of randomly selected stocks will always have a standard deviation of returns that is less than the standard deviation of a portfolio with fewer stocks, regardless of how the stocks in the smaller portfolio are selected.
Answer:
a. Diversifiable risk can be reduced by forming a large portfolio, but normally even highly-diversified portfolios are subject to market (or systematic) risk.
Explanation:
Diversifiable risk can as well as be regarded as unsystematic risk, it is specific risk of a firm which impacts the price of the stock of individual rather than affecting the industry as a whole or sector where the the firm is carrying out it's operation. It a risk whereby there is possibility that change in the price of a security will be experienced because of the specific characteristics that the security have. It should be noted that Diversifiable risk can be reduced by forming a large portfolio, but normally even highly-diversified portfolios are subject to market (or systematic) risk.
\(x(a - b) + (b - a)\)
Explanation:
x(a-b)+(b-a)ax-bx+b+aax-a-bx+ba(x-1)-b(x-1)(x-1)(a-b)yr answer...
1) Two people have been negotiating and you've noticed that one has been doing more of the talking and one has been much quieter. Who is most likely to achieve their goals a. The listener: understanding their position, and tailoring you strategy accordingly, is more persuasive. b. It depends on body language more than words c. The talker: talking is important; you can't persuade people if you don't talk
Answer:
A. The listener: understanding their position, and tailoring your strategy accordingly, is more persuasive.
Explanation:
In business, the more you talk, the less persuasive you become. Keeping quiet and choosing your words shows integrity, and by staying quiet rather than trying hard to persuade makes you more able to achieve your goals. As the more the other talks, the more you gain the upper hand in the matter of pressuring the other to your higher benefit.
evaluate the process used to determine credit scores do you think its fair why or why not
how do the five C's fit to determine of a credit score
Answer:
The five Cs of credit are character, capacity, capital, collateral, and conditions. ... as the Fair Isaac Corporation), a leading credit evaluation firm, uses the information ... good credit score and credit reports play in securing a loan, it's worth considering
Explanation:
Hope this helps. Also can u give me brainliest?
vegetables wilt of soften and their color intensifies as they
Answer: boil
Explanation:
Answer:
Saute
Explanation:
Vegetables wilt and soften when sauteing for example spinach, bokchoy and kale to name a few.
_____ management planning involves the creation of a plan to guide the actions of an entire company. Multiple choice question.
Strategic management planning involves the creation of a plan to guide the actions of an entire company
What is Strategic management planning?Strategic management planning is a document used by companies to communicate or pass information in the organization about the goals, resources, operations, set priorities, focus energy, configure so as to make sure that employees and other stakeholders are working to achieve common goals, establish agreement to get the necessary result.
Therefore, Strategic management planning involves the creation of a plan to guide the actions of an entire company.
The question is incomplete because the options are not given, the options is gotten from another website.
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Question 13 of 20
What would be the most likely consequence of making an
illegal turn while driving?
A. Collateral consequences
OB. Probation
C. Incarceration
D. A fine
Fine would be the most likely consequence of making an illegal turn while driving. The correct answer is option (D).
What is illegal turn while driving?When a driver makes an unsafe turn, it is regarded to be unlawful. These manoeuvres may involve doing a U-turn at an intersection with a "No U-turn" sign when the light is red or turning on red when there is a "No Turn On Red" sign.a railroad crossing, or nearby.
By going through a separating part, curb, strip of land, or two sets of the double yellow lines on a divided highway. if a curve, slope, rain, fog, or other obstruction prevents you from seeing 200 feet for each direction clearly They are prohibited because of how deadly they are, claims Arias. On how to merge back onto the freeway, only emergency cars are taught.
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Gordon ramsay made his tv debut on which competitive cooking show?.
The transportation model, when applied to location analysis: Group of answer choices minimizes total fixed costs. minimizes total production and transportation costs. minimizes total transportation costs. maximizes revenues. minimizes the movement of goods.
The transportation model, when applied to location analysis, minimizes total transportation costs.
The transportation model is a mathematical technique used to solve problems related to the transportation of goods from different origins to different destinations. It is often used in location analysis to determine the optimal location of facilities or warehouses that will minimize transportation costs.
In the transportation model, the objective is to minimize the total cost of transporting goods from sources to destinations, subject to various constraints such as supply and demand constraints. The cost of transporting goods is typically a function of the distance traveled, the mode of transportation, and the quantity of goods being transported.
Therefore, the transportation model, when applied to location analysis, seeks to minimize total transportation costs by determining the optimal allocation of goods from sources to destinations while taking into account the various constraints and costs associated with transportation.
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At a profit-maximizing output level, marginal revenue minus:_____
a) marginal cost equals zero.
b) marginal profit equals zero.
c) the slope of the total profit curve is zero.
d) all of the above are true.
At a profit-maximizing output level, marginal revenue minus marginal profit equals zero.
Marginal profit is maximized in which marginal sales equals marginal cost. In this example, maximum income takes place at five devices of output. a superbly competitive company will also find its earnings-maximizing level of output where MR = MC.
To calculate the marginal sales, a agency divides the change in its overall revenue by way of the alternate of its overall output quantity. Marginal sales is identical to the promoting price of a single extra object that become bought. underneath is the marginal revenue system: Marginal revenue = trade in revenue / exchange in quantity.
If a firm can not compete on price and operates at a marginal loss (poor marginal income), it'll ultimately cease manufacturing. profit maximization for a firm occurs, therefore, while it produces as much as a degree where marginal price equals marginal revenue, and the marginal earnings is 0.
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Why do companies do IPOs?
IPOs incentivize entrepreneurs to innovate as IPOs provide a way for entrepreneurs to monetize their work
Initial Public offerings (IPOs) are a way for organizations to elevate capital by using promoting shares of possession to the public.
Agencies usually cross public to elevate capital to fund future growth, repay money owed, or extend operations. with the aid of going public, agencies can access a bigger pool of traders, that may assist to boom liquidity and valuation of the agency.
For entrepreneurs, IPOs offer a way to monetize their work and praise early investors who've supported the company. IPOs can also boom visibility and credibility, which could help to draw proficient employees and partnerships.
Further to the economic benefits, IPOs can provide a experience of validation and accomplishment for the founders and employees who've labored difficult to construct the organization.
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What should appear in this section of a check register?
CHECK
NO
DATE
DESCRIPTION
TRANSACTION
AMOUNT
DEPOSIT
AMOUNT
BALANCE
$3667
$216.30
$15067
161
6/4
Sound Out
$216.30
new tape deck
withdrawal
ATM
6/18
$35.00
$35.00
$11567
$5500
$6067
spending money
check card
Food & groceries
Chkcd|6/18
$55.00
2010 Gynton, in
amount withdrawn
balance
check number
amount deposited
Answer:
how much you took out i think this is weird
Explanation:
Answer:
the answer is amount deposited
Explanation: