Assume that, on January 1, 2021, Matsui Co. paid $1,296,000 for its investment in 48,000 shares of Yankee Inc. Further, assume that Yankee has 240,000 total shares of stock issued. The book value and fair value of Yankee's identifiable net assets were both $480,000 at January 1, 2021. The following information pertains to Yankee during 2021: Net income $ 240,000 Dividends declared and paid $ 72,000 Market price of common stock on 12/31/2021 $ 29 /share What amount would Matsui report in its year-end 2021 balance sheet for its investment in Yankee

Answer:

B. Hand

Explanation:

Hand pointer is a specific cursor, the one that looks like a hand, and with the index finger extended, like as it points to something.

The pointer shows the user the exact location of the cursor and helps him input the information.

The name pointer is given as it points the information to the user.

Yes. Accounting courses I took before helps us understand how to make cash budget and pro forma income statement and balance sheet.

Here's how accounting courses can help individuals in creating cash budgets, pro forma income statements, and balance sheets:

By studying accounting, individuals gain a solid foundation in financial concepts, reporting standards, and analytical techniques. This knowledge equips them with the skills necessary to create cash budgets, pro forma income statements, and balance sheets effectively.

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1. The Production budget of the company for the third quarter of 2022 is as follows:

Ending inventory                  136          150             160

Projected sales (in units)    600         680            750              800

Goods available for sale    736          830            910

Beginning inventory           120           136            150              160

Production units                 616          694            760

2. The Material budget of the company for the third quarter of 2022 is as follows:

Production units                   616                  694                  760

Production materials        1,540                1,735                1,900

Beginning inventory         300                  347                   380

Ending inventory               347                  380                  350

3. The Purchase budget of the company for the third quarter of 2022 is as follows:

Ending inventory                347                  380                   350

Production materials       1,540                1,735                1,900

Materials available          1,887                 2,115               2,250

Beginning inventory         300                  347                   380

Purchases                       1,587                1,768                 1,870

Cost of purchases  Sh23,805        Sh26,520         Sh28,050

                                              July     August   September    October

Projected sales (in units)      600        680           750              800

Beginning Inventory:

Finished goods                     120          136             150              160

Finished goods = 20% of next month's sales

Materials = 20% of next month's production

Finished goods = 120 units

Materials = 300 kg

Materials = 350 kg

Cost of materials per kg = Sh15

Materials usage per unit = 2.5 kg.

Thus, the production, material, and purchase budgets have been prepared.

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Answer:

See below

Explanation:

The journal entry for the issuance of the note proceed is shown below;

Cash A/c Dr $455,000

----------- To Notes payable A/c Cr $455,000

(Being the issuance as well as proceeds of the note that is recorded)

Cash account is debited because it is increasing and any increase in asset is debited. Also, the note will become payable which leads to increase in liability and an increase in liability is credited hence why note payable is credited.

• Note that other things like interest rate, duration are not considered because we were asked to pass the journal entry for the issues of notes not for any interest expense, reason why it was ignored.

The common stock that is seen here would be $500000

This is the term that would simply be used to refer to all of the shares that the shareholders of a company as well as the people that are the insiders in the company would own.

The retained earnings is given as

$132 * 0.05

= $6.6

= 6.6 x 100000

= 660000

The debit is $660000

The credit is 100000 x 5 = 500000

paid in capital in excess of par =  660000 - 500000

= $160000

The stock dividend distributable = $500000

common stock is given as $500000

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Answer:

Explanation:

Insurance sales agents contact potential customers and sell one or more types of insurance. These agents explain various insurance policies and help clients choose the plans that suit them

Answer:

the answer is C

Explanation:

i just took the test hope this helps

Graphic organizers is the main component to a strong study guide is she missing. Hence, option C is correct.

A visual and graphic display known as a graphic organizer shows the connections between vocabulary, concepts, and facts within a learning task. In addition to being known as graphic organizers, knowledge maps, concept maps, story maps, cognitive organizers, advance organizers, and concept diagrams are other names for them.

Students are supposed to use this graphic organizer from The Resourceful Teacher to arrange information by responding to the 5 Ws: who, what, when, where, and why.

In any topic area, graphic organizers are beneficial teaching resources. They serve as a pre-writing aid for essays, assist students in organizing their thoughts and ideas for answering questions, and present information visually.

Thus, option C is correct.

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SaksFirst builds loyalty for SaksFifth Avenue because there was a provision that All Saks cardholders will earn points toward a SaksFirst Gift Card  when make first purchase.

Loyalty can be described as the act of allegiance which is the process of been faithful to the brand or to the customer and this do help the relationship that can be set up between the customers of the firm and the firm.

It should be noted that the case above was able to build their loyalty by been able to give points to at first purchase that is been made.

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Answer:

a. or if the interest rate increases.

Explanation:

An increase in the price utlimately decreases the level of spending by an individual. People want to save their money when the prices increase.

On the other hand when the interest rate increases some people who normally invest their money to receive the return will ultimately increase their amount of investment to increase their returns.

the carrying value of the vehicles as at 28 February 2022 would be R229,050.

CV of Vehicles: R229,050

User

SA Traders is a registered VAT vendor. The following information was recorded in the accounting records of SA Traders as at 28 February 2022 (the financial year-end):

R

Office furniture at cost

228 500

Vehicles at cost

575 000

Accumulated depreciation: Office furniture (1 March 2021)

89 650

Accumulated depreciation: Vehicles (1 March 2021)

230 950

The office furniture is depreciated at 30% per annum, using the straight-line method. Vehicles are depreciated at 20% per annum, using the reducing balance method.

What will be the carrying value of the vehicles as at 28 February 2022?

ChatGPT

To calculate the carrying value of the vehicles as of 28 February 2022, we need to determine the accumulated depreciation for the vehicles up to that date and subtract it from the cost of the vehicles.

Given information:

Cost of vehicles: R575,000

Accumulated depreciation for vehicles as of 1 March 2021: R230,950

Depreciation rate for vehicles: 20% per annum (reducing balance method)

First, let's calculate the depreciation expense for the vehicles from 1 March 2021 to 28 February 2022:

Depreciation expense = Cost of vehicles * Depreciation rate

Depreciation expense = R575,000 * 20% = R115,000

Next, we can calculate the accumulated depreciation for the vehicles as of 28 February 2022:

Accumulated depreciation (28 Feb 2022) = Accumulated depreciation (1 Mar 2021) + Depreciation expense

Accumulated depreciation (28 Feb 2022) = R230,950 + R115,000 = R345,950

Finally, we can calculate the carrying value of the vehicles:

Carrying value (28 Feb 2022) = Cost of vehicles - Accumulated depreciation (28 Feb 2022)

Carrying value (28 Feb 2022) = R575,000 - R345,950 = R229,050

Answer:

I think its the amount of money you make from your investment

Answer:

Conduct market research. Market research will tell you if there's an opportunity to turn your idea into a successful business. ...

Write your business plan. ...

Fund your business. ...

Pick your business location. ...

Choose a business structure. ...

Choose your business name. ...

Register your business. ...

Get federal and state tax IDs.

More items...

ok.......

Answer:

Beta= 0.9845

Explanation:

Giving the following information:

Stock A:

Investment= $65,000

Beta= 0.75

Stock B:

Investment= $35,000

Beta= 1.42

To calculate the beta of the portfolio, we need to use the following formula:

Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)

Beta= (0.65*0.75) + (0.35*1.42)

Beta= 0.9845

The legal affairs attorney working at AMD would most likely occupy an in-house counsel position.

An in-house counsel is a lawyer who is employed by a company or organization to provide legal advice and representation on a range of legal issues related to the company's operations, contracts, intellectual property, compliance, and litigation.

The role of an in-house counsel is to ensure that the company's actions and policies comply with relevant laws and regulations and to represent the company in legal proceedings when necessary. The in-house counsel works closely with the company's executives and employees to provide legal guidance and to identify and mitigate potential legal risks.

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If the Average Speed of Answer (ASA) during a particular period is 45 seconds, and the Average Time Before Abandon (ABR) is 25 seconds, then the Abandon Rate (ABR) will probably increase during that period.

This is because callers are more likely to abandon a call if they have to wait longer than 25 seconds for an agent to answer.

The ASA is the average amount of time it takes for an agent to answer a call. The ABR is the percentage of calls that are abandoned before an agent answers. A high ABR can indicate that callers are having difficulty getting through to an agent, which can lead to customer dissatisfaction.

There are a number of things that can be done to improve the ASA and reduce the ABR, such as Increasing the number of agents available to answer calls

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Answer:

Air France La Première Lounge, Paris is the first best Airline lounge in the World.

Explanation:

The Air France La Première Lounge gives its customer one of the fashionable flying experiences in the world, as it includes freshening up the cozy cocktail bar to be brighter and more inviting, adding semi-private relaxation areas and installing new pieces of art.

In addition to having one of the best first class inflight experiences available, Air France also provides an outstanding ground experience in Paris. Best food is also offered at the restaurant there.

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In the case of Barbados factory workers, stratification can be identified based on their social status and access to resources. The hierarchy from highest to lowest social status could be:

1. Factory owners/managers - They have the highest social status, as they control the operations and resources within the factory.
2. Skilled workers - These individuals possess specialized skills and have a higher social status compared to unskilled workers, as they may receive better wages and working conditions.
3. Unskilled workers - They have a lower social status due to their limited skills and lower wages compared to skilled workers.

This stratification is based on the access to resources, job roles, and the social status each group holds within the factory setting.

In Barbados, factory workers are stratified as follows, from the highest social status to the lowest:Foreman: The highest social status belongs to the factory foreman, who is in charge of the factory workers and supervises their work.Supervisor: The supervisor's job is to oversee the factory's day-to-day operations, such as ensuring that raw materials are delivered on time and that production targets are met.Skilled workers: Skilled workers are the people who have specialized training and expertise in operating machinery or performing specific tasks, such as welding or electrical work.

Semi-skilled workers: Semi-skilled workers have less specialized training than skilled workers and are typically employed in entry-level positions such as packing, cleaning, or general laborers.Unskilled workers: Unskilled workers have the lowest social status of all factory workers. They have no specialized training and perform basic tasks such as sweeping, cleaning, and packing, and they are typically the lowest paid.

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Explanation & Answer:

According to research, external recruiting may cost 1.7 times more than internal hiring. This is because, when employing internally, you generally do not need to: Post job postings on employment boards. Internal applicants can be easily informed about job opportunities via email or your company's internal publication.

Answer: It helps maintain employee morale

Explanation:

Step 2: Probability Research Probability, Optimization, Forecasting.

Step 3: Integrating Data Research for Business.

Probability:

Probability is a branch of mathematics that deals with the likelihood of events occurring. It is a measure of uncertainty and is expressed as a number between 0 and 1, where 0 represents impossibility and 1 represents certainty.

Optimization:

Optimization involves finding the best possible solution from a set of alternatives. It aims to maximize desired outcomes or minimize undesirable ones, considering constraints and objectives.

Forecasting:

Forecasting is the process of predicting future events or outcomes based on historical data and statistical models. It helps businesses anticipate demand patterns, market trends, and other factors that can influence decision-making.

Step 3: Integrating Data Research for Business

Probability and statistics play a crucial role in business decisions. They provide a framework for analyzing and interpreting data, assessing risks, making predictions, and supporting evidence-based decision-making.

When working with probability, ethical considerations are important. It is essential to ensure that data used in probability analysis is collected ethically, respects privacy and confidentiality, and adheres to relevant legal and regulatory requirements.

Probability is a valuable method for the CEO to consider because it provides a systematic and quantitative approach to analyzing uncertainty and making informed decisions.

By integrating probability into the business model, the CEO can better understand risks, optimize resource allocation, improve forecasting accuracy, and ultimately enhance strategic decision-making and business performance.

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According to how we interpret the official Treasury guidance, rent expenses are any sums paid on a regular basis to use the property for commercial purposes. These costs need to be the result of a contract that was signed prior to February 15, 2020.

The Small Business Administration, with assistance from the Department of the Treasury, administers the Paycheck Protection Program, which was created by the CARES Act. This program offers small businesses money to cover up to 8 weeks' worth of benefits-covered payroll expenses.

Additionally, money can be used to cover the interest on loans, rent, and utility bills. Millions of Americans working for small businesses are given priority by the Paycheck Protection Program, which has $659 billion in funding authorized for job retention and other expenses.

If they also meet program size requirements, small businesses, eligible nonprofit organizations, veterans organizations, and tribal businesses as defined in the Small Business Act, as well as people who work for themselves or as independent contractors, are eligible.

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Answer:

Legislative

Explanation

Answer:legislative

Explanation:

Answer:

Six causes of differences in accounting practices used in different countries is explained below with detail explanation.

Explanation:

The following are six problems of the variation in Accounting practice practiced in different nations.

Legal System :

The legal system of a nation performs an essential role in the development of Accounting policies.

Taxation :

In some countries, Accounting and Taxation are dependent on each other. Whereas in other countries they are independent.

Inflation :

Inflation doesn't remain the same for every country. Uniform accounting practice cannot be followed because of this reason.

Cultural Differences/Diversity :

Cultural diversity plays a pivotal role in the Accounting practice of each country. Cultural practices lead to different practices being followed across the globe.

Environmental Factors :

Many countries have started to incorporate environmental Accounting in their financial statements.

Based on the benefits that John Cotton receives from his employer, the taxable benefits for 2021 will be $0.

Personal protective equipment are tax exempt because they are treated as Medical expenses.

Employer-provided cell phone allowances are not taxable if used for business purposes. Meals are also tax exempt when the employer provides it inside business premises.

No benefit is therefore taxable.

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The calculated NPV is negative, indicating that the present value of expected cash flows does not exceed the start-up cost of the project. In other words, the project is expected to generate a net loss.

To determine whether Wally's Walleyes should introduce the new product, we can calculate the net present value (NPV) of the project. The NPV measures the present value of expected cash flows, taking into account the required rate of return.

To calculate the NPV, we need to discount the cash flows using the required rate of return (15 percent). The formula for calculating NPV is:

NPV = Cash Flow Year 1 / (1 + Required Rate of Return)^1 + Cash Flow Year 2 / (1 + Required Rate of Return)^2 - Start-up Cost

\(NPV = $4,500 / (1 + 0.15)^1 + $4,300 / (1 + 0.15)^2 - $7,800\)

\(NPV = $4,500 / 1.15 + $4,300 / (1.15)^2 - $7,800\)

NPV = $3,913.04 + $3,537.41 - $7,800

NPV = -$350.55

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The goal of information leadership is to identify the information needs of various management levels.

The appropriate and optimised capture, storage, retrieval, and use of information is referred to as information management (IM). It could be personal or organisational information management. IM for organisations refers to a cycle of organisational activity that includes the acquisition of data from one or more sources, the custodianship and distribution of that information to those who require it, and its eventual disposal via archiving or deletion.

This information organisation cycle involves a number of stakeholders, including those responsible for ensuring the quality, accessibility, and utility of acquired information; those responsible for its safe storage and disposal; and those who require it for decision making.

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To compute the Olds' net tax payable (or refund due) for 2019, we need to gather all the relevant information and calculate their taxable income, apply the appropriate tax rates, deductions, and credits. Since the tax calculation involves various factors and tax laws, it would be best to use tax software such as ProConnect Tax Online or consult with a tax professional. The software will streamline the process and ensure accurate calculations based on the specific tax laws and regulations applicable to the Olds' situation.

Answer:

A. $4,201.32

B. $22,407.04

Explanation:

a. Calculation for The amount of FUTA tax for the year

FUTA tax= ($1,210,930-$510,710) *0.006

FUTA tax = $700,220 * 0.006

FUTA tax= $4,201.32

Therefore The amount of FUTA tax for the year is $4,201.32

b. Calculation for The amount of SUTA tax for the year

SUTA tax=($1,210,930-$510,710) *0.032

SUTA tax = $700,220 * 0.032

SUTA tax= $22,407.04

Therefore The amount of SUTA tax for the year is $22,407.04