an increase in the demand for hamburgers will likely cause which of the following? group of answer choices a decrease in the wages of hamburger flippers. an increase in the demand for the workers who make hamburgers. a decrease in the price of the capital used to produce hamburgers. a decrease in the price of substitute goods for hamburgers. an increase in the demand for movie tickets.

a) Allowance for doubtful debts is an estimation of the receivables that will eventually be uncollectible. It is expressed as a percentage of the company's total accounts receivable.

To calculate the amount required in the allowance for doubtful debts as on 31st December 2021, using accounts receivable method, we will first determine the estimated amount of bad debts and then, the percentage of estimated bad debts.
The estimated bad debts can be determined as follows:
Less than 5 days = 1% of 5,000 = 50
5 to 10 days = 5% of 2,000 = 100
11 to 15 days = 15% of 9,000 = 1,350
16 to 20 days = 25% of 5,000 = 1,250
21 to 25 days = 30% of 10,000 = 3,000
26 to 30 days = 50% of 9,000 = 4,500
Total estimated bad debts = 10,250

Percentage of estimated bad debts = (Total estimated bad debts / Total accounts receivable) x 100
= (10,250 / 40,000) x 100
= 25.625%

Therefore, the amount required in the allowance for doubtful debts as on 31st December 2021, using accounts receivable method, is RO 10,250 x 25.625%
= RO 2,625.

b) The journal entries for bad and doubtful debts are as follows:

For bad debts:
Bad debts DR RO 2,625
Accounts receivable CR RO 2,625
For doubtful debts: Allowance for doubtful debts DR RO 2,625 .Accounts receivable CR RO 2,625 .

c) The accounting treatment of bad and doubtful debts in income statement and balance sheet are as follows:
Income statement:
Bad debts are shown as an expense in the income statement. It is subtracted from the total sales to determine the net sales.
Balance sheet: The allowance for doubtful debts is shown as a contra asset account, which reduces the balance of accounts receivable to the net realizable value.

d) The company can control the aged debts by setting up a credit policy that establishes strict terms and conditions for payment. The company can also use credit checks to screen out potential bad debtors.
The process to collect the debts early involves sending reminders to customers who have overdue payments, offering incentives for early payment, or even hiring a debt collection agency if necessary. It is important for the company to have a clear and efficient collection process in place to minimize the risk of bad debts.

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The monthly payment for the supermarket building is approximately $3,667.63. To find the monthly payment for a supermarket building, the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

we will need to make use of the following formula: Monthly payment = P[r(1+r)^n/((1+r)^n)-1)]

where P = the principal,

r = the interest rate per month, and

n = the total number of months.

We will calculate the values of P, r, and n using the information provided in the problem statement:

Down payment = 12% of $567,000 = 0.12 × $567,000 = $68,040

Principal = $567,000 − $68,040 = $498,960

Interest rate per year = 7.97%

Number of years = 25Number of months = 25 × 12 = 300To convert the interest rate per year to the interest rate per month, we will divide by 12:

Interest rate per month = 7.97% ÷ 12 = 0.6642% Plugging in these values into the formula, we get:

Monthly payment = $498,960[0.006642(1+0.006642)^300/((1+0.006642)^300−1)]

Monthly payment = $3,667.63.

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Answer:

Ted's net cash flow is zero. Therefore, he might want to work on managing his income to get a positive net cash flow. There is no indication that Ted is putting any money in savings.

Hope it helps!

Solo uses straight-line amortization  so the amount of interest expense for 2024 is $82,000.

What is interest?

In the fields of finance and economics, interest is the payment of a certain amount over and above the top sum to a lender or depositor by a borrower or deposit-taking fiscal institution. It differs from the sum the borrower might pay the lender or another party. Simple interest, accumulated interest, and compound interest are the three different types of interest. When money is espoused, generally through the means of a loan, the borrower is needed to pay the interest agreed upon by the two parties. Interest serves several pivotal functions in a request frugality. The most egregious is the collaboration between saviors and borrowers; saviors are paid interest for putting off their consumption until a future date, while borrowers must pay interest to consume further in the present.

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Answer:

The answer is True.

Explanation:

Got it correct on Edgen.

Answer:

true

Explanation:

The decay function of a certain element given by f(x) = 570(0.82)^x. I'll provide a brief explanation using the given terms:

The function f(x) = 570(0.82)^x represents the decay of an element over time, where:
- x represents the time (usually measured in years, days, or any other appropriate unit)
- f(x) represents the amount of the element remaining at time x
- 570 is the initial amount of the element
- 0.82 is the decay factor

This function is an example of an exponential decay function. To find the amount of the element remaining after a certain period of time, you simply plug in the value of x (time) into the function and solve for f(x).

For example, if you want to find the amount remaining after 5 years, you would plug x = 5 into the function:

f(5) = 570(0.82)^5

Solve for f(5), and you'll get the amount of the element remaining after 5 years.

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The reissuance of treasury stock does not increase the company's outstanding shares, as the shares were already considered retired when they were purchased back by the company. Instead, the reissuance provides the company with a means of raising capital while also maintaining some control over its outstanding shares.

On May 3, Zirbal Corporation's journal entry to record the purchase of 7,500 shares of its own stock for $67,500 cash would be:
Treasury Stock     $67,500
      Cash                  $67,500
The Treasury Stock account represents the company's own shares that are held in reserve and are not considered outstanding. By purchasing these shares, the company reduces the number of outstanding shares and effectively retires them.
On November 4, Zirbal's journal entry to record the reissuance of 1,650 shares of the treasury stock for $16,500 would be:
Cash              $16,500
   Treasury Stock     $11,250
   Paid-In Capital    $5,250
The company receives cash from the reissuance of the treasury stock, which increases its assets. However, it must also reduce the Treasury Stock account by the cost of the shares reissued, which is $11,250. The difference between the cash received and the cost of the shares reissued is recorded as Paid-In Capital.

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The following are advantages of internal research department in a company.

Internal research refers to researches, findings, consultations or experiment that is carried out within an organization or company.

This is done by an employee within the organization.

Ability to produce desired results.

Therefore, The following are advantages of internal research department in a company.

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A statement "the change in this measure of well-being would be less than the change in gdp." is true because the change in GDP must be less.

Rising GDP indicates that the economy is expanding and that the resources accessible to citizens - products and services, salaries and profits - are increasing. An rise in GDP raises money demand because consumers will need more money to execute the transactions required to acquire the additional GDP.

In other words, the transactions demand impact raises actual money demand. Real GDP is a measure of an economy's total products and services in a given year that takes into account price fluctuations.

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Self-leadership refers to the ability of an individual to control and direct their behavior towards the attainment of their goals. It has a significant impact on the world around us in several ways,

Improved decision-making skills Individuals with strong self-leadership skills can make better decisions and choose the best course of action to achieve their goals. This not only benefits them but also the world around them as they are better able to contribute to society and make positive changes.2. Increased motivation and productivity Self-leadership is often associated with higher levels of motivation, which translates into increased productivity and better performance When people feel in control of their lives and have clear goals to work towards, they are more likely to work hard and achieve success. This can have a positive impact on the world around them as they are more likely to make a meaningful contribution to society.

Improved relationships Self-leadership involves developing strong interpersonal skills, such as empathy and communication, which are essential for building and maintaining positive relationships. When people have good relationships with others, they are more likely to work together to achieve common goals and create positive change  Increased resilience Self-leadership also helps people to develop resilience, which is the ability to bounce back from setbacks and challenges. This is essential for dealing with the many challenges that life throws our way and is particularly important in times of crisis. When people are resilient, they are better able to cope with adversity and find new ways to overcome challenges, which can benefit the world around them by promoting positive change and progress.

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What  affects employers’ decisions on how much to pay their workers is : Maximizing profits.

Profit maximization can be defined as the way in which a company or an organization tend to determine the price level that enables them  to maximize profit.

Every company or organization  goals is to make profit based on this company that is determine to make profit must tend to make use of profit maximization approach.

Profit maximization is important as it can tend to lead to sustainable growth for companies which is why  most companies make use of  profit maximization strategy so as to make higher profit.

Therefore what  affects employers’ decisions on how much to pay their workers is : Maximizing profits.

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The degree to which people identify with their jobs and consider their perceived performance levels important to self-worth is Job involvement. This is further explained below.

Generally, Job involvement is simply defined as the extent to which a person's employment is a part of his or her identity.

In conclusion, Job engagement is the degree to which individuals connect with their employment and believe their perceived performance levels to be vital to their self-worth.

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Answer:

Since the product is new, the consumers wouldn't have any method to compare the price with the ones that created by other companies. This created a situation that make the consumers doubt whether they make a correct economic decisions if they purchase the product.

This is why it's important to get the price 'right'.

The company need to ensure that the price represent more value for Consumers compared to the money that they have to sacrifice to obtain it.

Answer:

This one:Drinking caffeinated drinks including high potency energy drinks, and consuming other enablers, we do not need to develop an internal source for the energy, effort, endurance, and enthusiasm needed to confront each day.

Or:I don’t see the point in caffeine without coffee. Or coffee without caffeine, for that matter.

Explanation:

YOUR CHOICE!

Answer:

A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term "business" also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.

Marginal revenue :

Marginal cost :

It 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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Answer:

equilibrium

Explanation:

State A raised its revenue by $2.6 million by increasing the sales tax rate, while State Z raised its revenue by $2.5 million by expanding the tax base to include certain retail services.

State A increased its general sales tax rate from 5 percent to 6 percent. As a result of this increase, the volume of taxable sales declined from $800 million to $710 million. On the other hand, State Z raised revenues by expanding the tax base of its 5 percent sales tax to include certain retail services. The volume of services subject to tax in State Z was $50 million.
The revenue increase in State A, we need to find the difference between the original revenue and the new revenue.
Original revenue in State A = 5% of $800 million = $40 million
New revenue in State A = 6% of $710 million = $42.6 million
Therefore, the revenue increase in State A is $42.6 million - $40 million = $2.6 million.
For State Z, since the tax rate remained the same at 5 percent, the revenue increase is simply 5% of $50 million, which is $2.5 million.
In summary, State A raised its revenue by $2.6 million by increasing the sales tax rate, while State Z raised its revenue by $2.5 million by expanding the tax base to include certain retail services.

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The statement that correctly represents mutually exclusive events represented by the table is rooting for the home team and rooting for the away team.

Mutually exclusive events are events that cannot occur together. If one event occurs, then the other event cannot occur. For example, if you roll a dice once, you cannot get a five and three at the same time. It would be either of the two.

Looking at the table, you cannot root for the home team and the away team at the same time. A person has to choose which team to root for. Also, you can either purchase food or not purchase food. Thus, these are the mutually exclusive events.

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Short commute is an example of a need. Anything a person needs or wants is a need. Here, a quick commute is a must, and finding a job close by is the objective.

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With a mean of 1000 and a standard deviation of 600, the probability that the demand is going to be withing 25 percent of its forecast is 0.3230.

a. Mean = 1000

sd = 600

p(1000x 1-25%) - p(1000x 1+25%)

using the z test

d-μ/σ

\(p(z < \frac{1250-1000}{600} )-p(z < \frac{-1000}{600} )\\\\(z < 0.4167)-(z < -0.4167)\)

find values using excel sheet formula

NORMSDIST(0.4167) - NORMSDIST(-0.4167)

=m0.6615 - 0.3385

= 0.3230

1000x 1+40%

= p(D>1400)

= 1- NormDist(0.667)

= 0.225

c. Cu = 121-72 = 49

Co = 72.50 = 22

The critical ratio calculation

49/22 +49 = 0.6901

Normsinv(0.6901) = 0.496

1000+0.496x600

= 1297

The units that Flextrola has to order is 1297.

1200-1000/600

= 0.3333

loss function from z = 0.333 is 0.254

600x0.254 = 152. 4

1000-152.4 = 847.6

the expected sales are 847.6

e 1200- 847.6

= 352. 4

The units of inventory that can be sold is 352.4

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Based on the fact that the value has a standardized score of 1.75, this means that the value is 1.75 greater than the mean.

The standardized score of a value is meant to show the value's position relative to the mean value of the data set.

A value with a standardized score of 1.75 is therefore 1.75 standard deviations above the mean.

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Answer:

Cash Balance = $12610

Explanation:

We can calculate the adjusted or true cash balance of Owen by making adjustments in the book balance using the transactions that only appear on the bank statement and are missing from the book balance calculation.

1. The bank service charges are a deduction that bank has made from the bank account of Owen. This, they should be deducted from the book balance.

2. A collection of $1170 made by the bank on Owen's behalf will increase the account balance of Owen. Thus, it should be added to the book balance.

3. The interest earned by Owen is also an addition to the bank balance and should be added in the unadjusted book balance.

The new or true cash balance of Owen will be,

Cash Balance = 11400 - 80 + 1170 + 120

Cash Balance = $12610

When we buy something it becomes our property after purchase but not in the case of lease agreement. Thus, the correct option is "I would like to walk out of the deal with something to show for the money I put in,"

A lease is a legal agreement in which a user agrees to pay the owner for the use of an item.

This differs from buying, in this the property turns into the users' assets after purchase; nonetheless, those who "would want to walk out of the deal with something to show for the money I put in" can choose to buy rather than lease.

Thus, Option D is the correct answer.

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Answer:

d

Explanation:

Answer:

I went into debt in 2015 :(

Parents divorced, no rights anymore, half of my family hates me without meeting me in the first place

The ability of the HRIS to share data with other systems is called B. cross integration between business systems.

Cross integration refers to the seamless exchange and sharing of data between different systems or software applications within an organization. In the context of an HRIS, cross integration involves the capability of the HRIS to integrate and communicate with other systems such as payroll, time and attendance, benefits administration, and other relevant business systems.

By enabling cross integration, the HRIS allows for the efficient and accurate transfer of data between systems, eliminating the need for manual data entry and reducing the risk of errors. It ensures that information is synchronized and up-to-date across various systems, promoting better data consistency and accessibility.

Therefore, option B, "cross integration between business systems," is the correct answer that describes the ability of the HRIS to share data with other systems.

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To calculate run rate, take your current revenue over a certain time period—let's say it's one month. Multiply that by 12 (to get a year's worth of revenue). If you made $15,000 in revenue for each month, your annual run rate would be $15,000 x 12, or $180,000.

The choreographic element that encourages dancers to rely on musical cues, visual connections, and emotional phrasing includes the time, energy, and space

In art, a choreography means the way in which an idea is expressed physically through dance. When developing this concept, the users usually relies on important principles of organization to ensure that the idea takes a clear, appropriate, and aesthetically pleasing form.

These are principles that comprises the basic ingredients for the dancers' movements and patterns and help the choreographer utilize space, express intention and the music, and organize the dancers.

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