An intra-entity transfer took place whereby the book value exceeded the transfer price of a depreciable asset. Which statement is true for the year after the year of transfer?
No worksheet entry is necessary.
A worksheet entry is made with a credit to retained earnings for an upstream transfer.
A worksheet entry is made with a debit to retained earnings for a downstream transfer.
A worksheet entry is made with a debit to investment in subsidiary for a downstream transfer.
A worksheet entry is made with a debit to retained earnings for an upstream transfer.
Answers
The correct statement for the year after the year of transfer when an intra-entity transfer took place whereby the book value exceeded the transfer price of a depreciable asset is: A worksheet entry is made with a debit to retained earnings for an upstream transfer (A).
This is because an upstream transfer refers to a transfer from a subsidiary to a parent company. When the book value of the depreciable asset exceeds the transfer price, the parent company will need to make a worksheet entry to account for the difference. This entry will include a debit to retained earnings to reflect the decrease in value of the asset. In contrast, a downstream transfer refers to a transfer from a parent company to a subsidiary. In this case, a worksheet entry would be made with a debit to investment in subsidiary to account for the difference in value. Therefore, the correct statement is that a worksheet entry is made with a debit to retained earnings for an upstream transfer.
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Related Questions
Which marketing function that involves communicating information about products
and services to potential customers?
a) Strategic planning
b) Promotion
c) Distribution
O d) Product development
Answers
In a market economy, which of the following is NOT an accepted role of government?
A
protecting consumers
B
enforcing property rights
C
controlling production and consumption
D
providing for national defense
Answers
Answer:
providing for national defense
Explanation:
yes
Fiscal policy is the tax and spending decisions made by the president and
Answers
Answer:
The president makes decisions with the congress.
The correlation coefficient between a selection test and job performance is 0. This means the selection test_________ .
(a) perfectly predicts job performance
(b) and job performance are unrelated
(c) has adverse impact on job performance
(d) is positively related to job performance
Answers
Answer:
(b) and job performance are unrelated
Explanation:
Correlation coefficient = 1 perfectly related
Correlation coefficient = 0 perfectly unrelated
Correlation coefficient of zero means the selection test and the job performance are unrelated. Hence, the correct answer is B
Letters with already formatted fonts and fields are called:
A. Files
B. Templates
C. Themes
D. Views
Answers
Answer: B. Templates
What will produce more accurate results when giving a survey?
A. Using the word "frequently" in a question
B. Creating face-to-face interviews
C. Adding boxes to check for answers
D. Creating an open questions
Answers
Answer:
Option B; Creating face-to-face interviews
Explanation:
Research has shown that face-to-face interviews tend to produce more accurate results when giving a survey. So the correct answer is option B.
When did the U.S. current account balance experience the largest surplus?
Answers
Answer: 1990
The OECD projects the US current account to be in deficit byUS$826 billion by 2006.1 In 1990 the US current account wasin surplus.
Explanation: signed, birb
The fact that human wants cannot be fully satisfied with available resources is called the problemof
A)normative economics.
B)who will consume.
C)scarcity.
D)opportunity costs.
E)what to produce
Answers
The fact that human wants cannot be fully satisfied with available resources is called the problem of C)scarcity.
What is scarcity in the economy?One of the fundamental ideas in economics is scarcity. It indicates that there is a gap between the supply and demand for an item or service. As a result, scarcity may restrict the options available to consumers, who in the end drive the economy.
Economics is primarily concerned with the issue of scarcity because, despite the fact that human needs and wants are limitless and growing, there are only so many resources that can be used to satisfy them. This prevents humans from completely meeting their wants.
Therefore, option C is correct.
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is the sun considered a gas giant or a planet
Answers
Answer:
it's considered a gas giant
The University could continue to use the present bus for the next seven years. Whether the present bus is used or a new bus is purchased, the bus would be traded in for another bus at the end of seven years. The University uses a discount rate of 12% and the total cost approach to net present value analysis. If the new bus is purchased, the present value of the annual cash operating costs associated with this alternative is closest to:
Answers
Answer:
If the present bus is repaired, the present value of the annual cash operating costs associated with this alternative is calculated as follows;
1. Think about a business idea (sector)
2. Create a budget and a cash flow statement for that business
3. Highlight the investment appraisal technics to determine if such a business is viable or not.
4. Indicate the source of funding and if it's a loan create an amortisation schedule.
5. Try to convince someone to invest in your project with convincing evidences.
Answers
Answer:
i didn't understand
Explanation:
what is market management
Answers
Answer:
Marketing management is the organizational discipline which focuses on the practical application of marketing orientation, techniques and methods inside enterprises and organizations and on the management of a firm's marketing resources and activities.
Answer:
Marketing management is the organizational discipline which focuses on the practical application of marketing orientation, techniques and methods inside enterprises and organizations and on the management of a firm's marketing resources and activities.
Using general environment (discontinuities) and specific industry environment (megaforces) relevant to external analysis, outline and discuss these concepts and their impacts on the strategic management of organisations.
Answers
The concepts and their impacts on strategic management are General Environment (Discontinuities) : Political Factors, Economic Factors, Sociocultural Factors, Technological Factors and Environmental Factors.
Specific Industry Environment : Competitive Rivalry, Supplier Power, Buyer Power, Threat of Substitutes, Threat of New Entrants
1. Discontinuities in the General Environment:
Discontinuities refer to significant shifts or changes in the external environment that can disrupt industries, markets, or societal norms. These shifts can be technological, social, economic, political, or environmental in nature. Understanding and responding to discontinuities is crucial for organizations to stay competitive and adapt to the changing landscape.
Impact on Strategic Management: Organizations need to be vigilant and proactive in identifying discontinuities and assessing their impact on their industry and operations. By monitoring trends and emerging technologies, organizations can identify potential disruptions and adjust their strategies accordingly.
2. Megaforces in the Industry Environment:
Megaforces, also known as industry forces or industry trends, are external factors that shape the competitive landscape within a specific industry. These forces are typically industry-specific and can have a significant impact on an organization's performance and strategic decisions. The concept of megaforces was popularized by Michael Porter's Five Forces Framework.
Impact on Strategic Management: Understanding the megaforces helps organizations assess their industry's attractiveness and competitiveness. By analyzing each force, organizations can identify areas of strength or vulnerability and develop strategies to gain a competitive advantage.
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Hemlock Nutritional Supplements (HNS) provides you with the following accounting records on manufacturing cost for the most recent month:
Direct materials $ 126,000
Direct labor 105,000
Variable overhead 92,400
Production was 60,000 units (cases). Fixed manufacturing overhead was $144,000.
For the coming year, costs are expected to increase as follows: direct materials costs by 40 percent, excluding any effect of volume changes; direct labor by 22 percent; and fixed manufacturing overhead by 29.5 percent. Variable manufacturing overhead per unit is expected to remain the same.
Required:
Prepare a cost estimate for a volume level of 42,000 units of product in the upcoming month.
Determine the costs per unit for the most recent month and for the upcoming month
Answers
To determine the costs per unit for the upcoming month, we divide the new total manufacturing cost by the number of units produced:
$555,660 / 42,000 units = $13.22 per unit
How do you determine the cost per unit of the upcoming year?To calculate the cost per unit, we divide the total manufacturing cost by the number of units produced:
$467,400 / 60,000 units = $7.79 per unit
For the upcoming month, the costs per unit are expected to increase, so we need to estimate the total manufacturing cost for 42,000 units.
To estimate the direct materials cost, we calculate 40% of the current cost of $126,000:
$126,000 x 40% = $50,400 increase
New cost = $126,000 + $50,400 = $176,400
To estimate the direct labor cost, we calculate 22% of the current cost of $105,000:
$105,000 x 22% = $23,100 increase
New cost = $105,000 + $23,100 = $128,100
To estimate the fixed manufacturing overhead cost, we calculate 29.5% of the current cost of $144,000:
$144,000 x 29.5% = $42,480 increase
New cost = $144,000 + $42,480 = $186,480
To estimate the variable overhead cost, we use the current cost per unit of $92,400 / 60,000 units = $1.54 per unit
We multiply the expected unit production 42,000 units x $1.54 = $64,680
New total manufacturing cost = $176,400 + $128,100 + $186,480 + $64,680 = $555,660
To determine the costs per unit for the upcoming month, we divide the new total manufacturing cost by the number of units produced:
$555,660 / 42,000 units = $13.22 per unit
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HEY BESTIES ANSWER QUICKLY AND ILL MARK BRAINLIEST
Which statements describe letterheads?
They should have a different design than the business card.
They provide the contact information for a business.
They are seldom needed in small organizations.
Business cards and letterheads should be of similar design.
They have the same information as a business card.
Answers
Answer:
B- They provide the contact information for a business.
E- Business cards and letterheads should be of similar design
Explanation:
A letterhead is the heading found at the top of a paper and it usually includes the name of the organization, the logo and the contact information. The letterheads help to provide a professional image and consistency should be maintain in all the business stationery. According to that, the answer is that the two statements that describe letterheads are: they provide the contact information for a business and business cards and letterheads should be of similar design.
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7. Problems and Applications Q7 A can of soda costs $1.50 in the United States and 24 pesos in Mexico. Assume purchasing-power parity holds. The peso-dollar exchange rate is ______ pesos per dollar. Suppose a monetary expansion causes all prices in Mexico to double, so that the price of soda in Mexico rises to 48 pesos. The peso-dollar exchange rate is now ________ pesos per dollar.
Answers
A can of soda costs $1.50 in the United States and 24 pesos in Mexico. Assume purchasing-power parity holds. The peso-dollar exchange rate is 16 pesos per dollar.
What is meant by the purchasing power?The worth of a currency is determined by how many goods or services one unit of that currency can be used to purchase. Inflation may cause it to deteriorate over time. This is due to the fact that you may acquire fewer items or services as a result of increased pricing.You can shop at the top federal employee payroll deduction website, Purchasing Power, which is accessible to federal employees, federal retirees, and military retirees. Using salary allowance, this online shopping experience is made to provide you with the items you require.Purchasing Power Parity = Cost of good X in currency 1 / Cost of good X in U.S. dollar.
peso-dollar exchange rate = 24/1.5 = 16 pesos per dollar
expansion causes all prices in Mexico to doubl:
peso-dollar exchange rate = 48/1.5 = 32 pesos per dollar
A monetary expansion causes all prices in Mexico to double, so that the price of soda in Mexico rises to 48 pesos. The peso-dollar exchange rate is now 32 pesos per dollar.
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Assume that one unit is sold on April 27 for $300.
Determine the gross profit for April and ending inventory on April 30 using the (a) first-in, first-out (FIFO); (b) last-in, first-out (LIFO); and (c) weighted average cost methods.
Answers
The determination of the gross profit for April and the ending Inventory on April 30 is as follows:
Gross Profit Ending Inventory
(a) First-in, First-out (FIFO) $200 ($300 - $100) $260 ($120 + $140)
(b) Last-in, First-out (LIFO) $160 ($300 - $140) $220 ($120 + $100)
(c) Weighted Average cost $180 ($300 - $120) $240 ($120 x 2)
What are the Cost Flow Methods?The cost flow methods are FIFO, LIFO, Specific Identification, and Weighted-Average Cost methods of costing ending inventory and cost of goods sold based on assumptions.
Question Completion:The following three identical units of Item P401C are purchased during April:
Cost information:
Item Units Cost
April 2 Purchase 1 $100
15 Purchase 1 120
20 Purchase 1 140
Total 3 $360
Average cost per unit = $120 ($360 ÷ 3)
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A Scrum Master is frustrated that her team finds no value during Iteration retrospectives, and the team has asked that she cancel all future ones. Which two specific anti-patterns are most likely present within the team’s retrospectives? (Choose two.)
Answers
Answer:
These two anti-patterns are most likely present within the team's retrospectives:
First, Team A members are not acquiring new knowledge and gaining experience. This anti-pattern discourages the team and makes the iteration retrospectives valueless. Team A members are supposed to be learning and gaining experience during the iteration retrospectives. But, once this is not being achieved, the members will likely not value the continued iteration retrospectives.
Two, the iteration retrospectives may become some ritualized formats that never change. There is no current or life in any static object or meeting. The Scrum Master should ensure that the iteration retrospectives are not just her retrospectives but the groups', otherwise, the retrospectives may become mere rituals for the team members to listen up to their master. The Scrum Master must establish a culture of trust so that the team can focus on improvements of the Scrum process.
Explanation:
The role of the scrum master is to ensure that the team lives agile values and principles and follows the agreed processes and practices. She must be able to clear team obstacles and establish an enabling and effective team environment.
Anti-patterns are those obstacles or problems that may arise to prevent the team from achieving its goals, making team members to view the iteration retrospectives as valueless exercises.
Scrum is an agile product development framework that emphasizes team formation, teamwork, and an effective team environment. This ensures that project development is handled in iterative processes with the team members regularly reflecting on their experiences during the daily scrum meetings in order to make adjustments for the achievement of their project goal.
The anti-patterns that are present within the teams' retrospectives are:
A. the team identifies improvements but is not allowed to address them, and
B. the team doesn't identify and commit to improvement items for how they do their work.
A scrum master is a person who performs scrum in the organization. it is the practice where people have the capability to identify complex problems, solve them, and deliver them in good quality.
An iteration retrospective is known as a process in which all the team members gather together for the discussion of the result of various iterations.
In the given case, the two anti-patterns are:
A. The team has identified the improvements but they are not allowed to address them. It is a process under the scrum that the team has the right to identify, rectify, and work on the improvements. When the team is not allowed to address the improvemets therefore they thought that the iteration process is not necessary.
B. The team does not identify and commit improvements and work upon them. This can be taken as a fault of the scrum managers or the scrum team for neglecting the team.
Therefore, options band B are correct.
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Iron Works International is considering a project that will produce annual cash flows of $36,900, $45,600, $56,300, and $21,800 over the next four years, respectively. What is the internal rate of return if the project has an initial cost of $114,100?
Answers
Answer:
15.87%
Explanation:
Internal rate of return is a method of calculating an investment’s rate of return. The term internal refers to the fact that the calculation excludes external factors, such as the risk-free rate, inflation, the cost of capital, or financial risk.
Let IRR be x%
IRR, present value of inflows=present value of outflows.
114100=36900/1.0x+45600/1.0x^2+56300/1.0x^3+21800/1.0x^4
Hence
x = IRR = 15.87%
What resources are scarce in US and UK health care system?
In the UK system, who or what allocates these resources?
In the US system, who or what allocates these resources?
Answers
2. In the United Kingdom, resource allocation takes place at two levels: funds are first allocated between the constituent countries of the United Kingdom, as health care is a devolved matter, through what has become known as the Barnett formula. 2 Second, resources are allocated within England to local purchasers.
3. The allocation of resources is a plan that uses the available resources of the country on the basis of the friction of wealth and the incomes.
What conditions would justify the assumption of a constant contribution margin per customer? Do you think those conditions are likely to hold here? To support your conclusions, do a scatter plot of the sample data, and then use the sample data to run a regression of purchase costs (dependent variable) on purchase revenues (independent variable). [Hint: What is the meaning of the intercept term of your regression results?]
Answers
The assumption of a constant contribution margin per customer can be justified when product mix, fixed costs, selling price, and variable costs remain constant, but it is unlikely to hold in real-world situations, and regression analysis can be used to investigate its validity.
The assumption of a constant contribution margin per customer can be justified when the product mix sold to customers remains constant, and there are no changes in the fixed costs of the company.
Additionally, the selling price of the product should remain the same, and there should be no changes in the variable costs of the product.
It is unlikely that these conditions hold in real-world situations. However, depending on the nature of the business and the products offered, the assumption of a constant contribution margin per customer may be a reasonable approximation.
To investigate whether the assumption of a constant contribution margin per customer holds in this case, we can create a scatter plot of the sample data and run a regression of purchase costs on purchase revenues.
The intercept term of the regression results represents the fixed costs that the company incurs, regardless of the level of sales. If the intercept term is significant, it suggests that there are fixed costs that the company must incur, even if it sells no products.
This would contradict the assumption of a constant contribution margin per customer, as the fixed costs would affect the contribution margin for each customer.
Therefore, we need to run a regression of purchase costs on purchase revenues to investigate whether the assumption of a constant contribution margin per customer holds.
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Question 4 (2 points) Which component of the policyholder's coverage is most expensive? Their uninsured motor vehicle coverage Their medical payments coverage Their liability coverage Their collision coverage
Answers
Their medical payments coverage
Secondary data is often gathered primary data
Answers
Answer:
Is often gathered BEFORE primary data
Explanation:
:)
Oki Company pays $306,200 for equipment expected to last four years and have a $30,000 salvage value. Prepare journal entries to
record the following costs related to the equipment.
1. Paid $25,950 cash for a new component that increased the equipment's productivity.
2. Paid $6,488 cash for minor repairs necessary to keep the equipment working well.
3. Paid $18,900 cash for significant repairs to increase the useful life of the equipment from four to seven years.
Answers
The Oki Company journal entries are the arranged the Debit and the Credit are the amount of the equipments.
What is equipments?
The term equipment refer to the specific tools used in the performing the particular process. The equipment are the used to fulfill the task. The task and the work are the used of the different equipments.
Oki Company journal entries
Particulars Debit Credit
Equipment $25,950
Cash $25,950
Particulars Debit Credit
Repair and maintenance expense $6,488
Cash $6,488
Particulars Debit Credit
Equipment $14,870
Cash $14,870
As a result, the Oki Company journal entries are the arranged the Debit and the Credit are the amount on the equipments.
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According to Percy Barnevik, how should a global manager respond when told "You canât do that in Brazil because of current government regulations."?
Answers
According to Percy Barnevik, CEO of ABB Asea Brown Boveri, as a global manager, you must think globally and act locally. For him, an organization must combine global scale and global technology while adapting to a local market.
What is an internationalization strategy?It is a process by which companies implement their business in another country, through various ways, such as exporting a product and setting up factories in a foreign country.
The objective of internationalization is to achieve competitive and profitable advantages in a new market.
Therefore, despite the risks of internationalization, according to Percy Barnevik, an organization must adapt to the market, legislation and preferences of local consumers, using its best resources to be well positioned globally.
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Advise business on the role of intermediaries in the distribution process.
Answers
Intermediaries, in business and marketing, are those that act as a middleman between the producer and the consumer. The role of intermediaries in the distribution process of goods and services is to ensure that products and services are moved from the producer to the consumers.
There are several types of intermediaries in the distribution process, including wholesalers, retailers, agents, and brokers. They play a crucial role in the distribution process in the following ways:
Assist in Sorting and Selection: Intermediaries help producers to sort and select their products, which saves time and money for producers.Assist in Breaking Bulk: Intermediaries buy goods in large quantities from producers and then break them into smaller quantities. This makes it possible for producers to sell their products in smaller quantities, making it possible for consumers to afford them.Helps in Transporting Goods: Intermediaries help in transporting products from producers to consumers by offering transportation services at lower costs. They also assist in the warehousing of goods, which helps in the storage and protection of goods.Assist in Financing: Intermediaries play an important role in financing. They buy goods from producers, hold them, and then sell them to consumers. This helps to reduce the risk of loss for producers by providing cash up front for goods sold. They also offer credit facilities to consumers, which makes it possible for them to buy goods without having to pay cash upfront.Help in Providing Information: Intermediaries help to provide information about products and services to consumers, making it easier for them to make informed decisions. They also help to provide feedback to producers about the quality of their products and services.For more such questions on marketing
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Jacob works as a researcher for a car showroom. He's going to collect data about consumers' changing preferences, Interests, and demands. He
doesn't plan to select a sample or conduct a survey. Instead, he wants to analyze the behavior of random consumers on his own. He wants to
study their reactions without letting them know that they are a part of the research study. He has decided to go to car showrooms and check
how consumers react to various car models. The notes that he plans to record during the process will form the basis of the market research
data. Which method of primary market research does Jacob plan to use?
Answers
Answer:
Visits to competitors' locations
Explanation:
Analyzing the information obtained in the scenario of the question above, it is correct to state that Jacob plans to use the primary market research method of visits to competing locations.
This method consists of gathering essential data and information for his research collected directly in a place that can serve as a parameter as a real scenario, that is, when visiting competing places, Jacob will be able to achieve his goal of collecting information, which is to analyze through of a real situation as is the behavior of random consumers on their own and understand their reactions.
This method can be effective because it eliminates biased behaviors by research participants, so that it can identify a real consumption situation without any type of interference, and it can be ideal to identify patterns of behavior that help to identify data about changes in consumer preferences, interests and demands, which is the goal of your research.
Answer:
behavior observation
Explanation:
What should you include on an income statement?
Select all correct answers.
1. income
2. expenses
3. net profit
4. all assets
Answers
All of the factors that have to be included in the income statement are:
1. income2. expenses3. net profitWhat is meant by the income statement?This is the term that is used to refer to the financial statement that would be made to show the revenue, the expenses and the profits that are made by a given company over a period of time. This is also called the earnings statement. It shows the revenue that is made from business.
Hence we can say that All of the factors that have to be included in the income statement are:
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were can i watch boruto on a school chrome book
Answers
Explanation:
Naruspot.tv and Kissanime are the ones I used
Answer:
*me trying to find a place to watch naruto shippuden
*accidentally find this
*me: (☆▽☆)
Explanation:
Traditional marketing revolves around the 4 Ps:
Answers
Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.
These elements form the foundation of a marketing strategy for businesses.
Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.
Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.
Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.
Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.
These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.
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