Answer: $2 million in Current liabilities and $6 million in long-term liabilities
Explanation:
Current liabilities are those obligations that a company owes that will be settled in a period/ year.
The first payment of $2 million in 2016 has already been paid so the total amount remaining on the 31st of December is $8 million.
Of this $8 million, a payment of $2 million will be made in a year in 2017 so this will be recorded as Current liabilities as it is a year from 2016.
The remaining $6 million will be long-term as they will be paid in more than a year being 2018, 2019 and 2020.
On May 10, Whispering Winds Corp. issues 2,450 shares of $15 par value common stock for cash at $18 per share. Journalize the issuance of the stock.
Answer: Please find answers in the explanation column
Explanation:
Date Account Debit Credit
May 10 cash $44,100
Common stock $36, 750
paid in capital in excess of
------par value common stock $7,350
Calculation
Cash = shares issued x cash per share = 2,450 x 18 =$44,100
Common stock= shares issued x par value common stock = 2,450 x $15=$36, 750
paid in capital in excess of -par value common stock= 2450 x (18-15 = 2450 x $3)= 7,350
The political candidates keep talking to the citizens about the possibility of a recession what would most likely happen if a country experience a recession
The thing that would MOST likely happen in this case if a country experiences a recession is D.Businesses will suffer from decreased sales and profits, eventually leading to closure
What is recession ?Recession, in economics, can be described as the downward trend in the business cycle.
Itshouldbe nopted that this can be seen as the decline in production and employment, whereby the incomes and spending of households to decline and as a result of thisthere would be hunger sa well as hardship in the country for this cause.
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missig part
What would MOST likely happen if a country experiences a recession?
A.
Feeling confident in the economy, people will begin to spend money more freely.
B.
Jobs will be more plentiful, and companies will be doing a lot of hiring.
C.
Families will start to purchase larger and more expensive homes.
D.
Businesses will suffer from decreased sales and profits, eventually leading to
What is revising?
please help ur gurl out
Revising is the process of reviewing and changing a piece of writing to improve its overall clarity, coherence, and effectiveness. This can include making changes to the structure, organization, tone, word choice, and grammar of a piece of writing. The goal of revising is to ensure that the message of the writing is clear, concise, and effective in communicating the intended meaning to the reader.
Richter Manufacturing has a 10% unlevered cost of equity. Richter forecasts the following free cash flows (FCFs), which are expected to grow at a constant 2% rate after Year 3. Year 1 Year 2 Year 3 FCF $745 $770 $825 What is the horizon value of the unlevered operations? Do not round intermediate calculations. Round your answer to the nearest dollar. $ What is the total value of unlevered operations at Year 0? Do not round intermediate calculations. Round your answer to the nearest dollar.
The return needed by either a business or an individual to justify an investment in equity is known as the cost of equity. Either the CAPM or the dividend capitalization model is used to calculate the cost of equity.
Explain in detail.
Horizon Value = Cash flow in Year 4/(required rate of return - growth rate)
= 805(1+3%)/(10%-3%)
= $11,845
b.Value today is equal to the present value of future cash flows
= 715/(1.10) + 750/(1.1)^2 + 805/(1.1)^3 + 11,845/(1.1)^3
= $10,773.97
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bài tập thực hành kế toán tài chính 1
Answer:
wut is this
Explanation:
financial acc practice ex 1
2. Adama Garment which is operating in Adama currently has opened four new stores in Ethiopia. Data on monthly sales volume and labor hours are given below for each town. Which store location has the highest labor productivity?
Store
Bale-robe
Hawassa
Nekemt
Dahirdar
Sales volume
12000birr
60000birr
40000birr
25000birr
Labor hours
60
500
250
200
3. Adama Garment accountant (from Problem 2) suggests that monthly rent and hourly wage rate also be factored into the productivity calculations.
Hawassa pays the highest average wage at birr 6.75 an hour. Bale-Robe pays birr
6.50 an hour, Nekemte birr 6, and Bahirdar birr 5.50. The cost to rent store space
is birr 2000 a month in Hawassa, birr 800 a month in Nekemte, birr 1200 a month
in Bale-Robe, and birr 1500 a month in Bahirdar.
Which store is most productive?
Adama garment general manager is not sure it can keep all four stores open. Based on multifactor productivity, which store would you close? What other factors should be considered?
Adama Garment's Bale-robe store has the highest labor productivity. It generates 200 birr per labor hour, followed by Hawassa (40 birr/hour), Nekemt (16 birr/hour), and Dahirdar (12.5 birr/hour).
How to solveTo calculate labor productivity, we divide the monthly sales volume by the labor hours. Bale-robe has the highest labor productivity because it generates the most sales per labor hour.
Here is the table showing the labor productivity of each store:
Store Sales volume (birr) Labor hours Labor productivity (birr/hour)
Bale-robe 12,000 60 200
Hawassa 60,000 500 40
Nekemt 40,000 250 16
Dahirdar 25,000 200 12.5
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Submit your project calculating the financial ratios of a publicly traded company. Be sure to follow WILL MARK BRANLIEST these guidelines:
• Identify the publicly traded company you selected.
• List the four financial ratio categories and the ratio you have chosen from each category.
• Show the data you used from the annual report and how you calculated the four financial ratios.
• Show the four ratios.
Answer:
what grade is this?
Explanation:
is the college???
Write a 1-page memo to the CEO. Include each chart (3) and a paragraph per chart. Each paragraph should explain the story of each visualization and explain why visualizations are important.
STEP 2
Income CATEGORIES PERCENTAGE NUMBER
$100,000 to $124,999 8% 2
$125,000 to $149,999 4% 1
$20,000 to $24,999 4% 1
$25,000 to $34,999 29% 7
$35,000 to $49,999 13% 3
$50,000 to $74,999 17% 4
$75,000 to $99,999 21% 5
Decline to answer 4% 1
24
STEP 3
GENDER PERCENTAGE NUMBER
Female 54% 13
Male 46% 11
24
STEP 4
QUESTION RESPONSES PERCENTAGE NUMBER
0 6% 1
2 11% 2
5 28% 5
6 11% 2
7 17% 3
8 11% 2
9 6% 1
10 11% 2
18
Answer:
[Your Name]
[Your Position]
[Date]
Subject: Insights from our Survey - A Window into the Lives of our Valued Customers
Dear [CEO's Name],
I hope this message finds you well. I wanted to take a moment to share some fascinating insights from the recent survey we conducted among our cherished customer base. To make the data more relatable and easier to grasp, I have transformed the findings into a series of engaging visualizations. These visuals not only bring the data to life but also allow us to truly connect with our customers on a human level. Let's dive into the story behind each visualization and explore why these visual representations are crucial in understanding our customers.
Chart 1: Income Categories - Reflecting the Lives of our Customers
This insightful chart provides a glimpse into the diverse income categories of our survey respondents. As you observe the bars rise and fall, you can visualize the financial landscapes our customers navigate. From the bustling middle-income group, representing 29% of respondents, to the resilient individuals in the $75,000 to $99,999 range, accounting for 21% of participants, we gain an intimate understanding of the financial tapestry that influences their decisions.
By presenting this information in such a humanized manner, we can empathize with the varying needs and aspirations of our customers. This visualization guides us in tailoring our products and services to better address the unique challenges and aspirations of each income segment.
Chart 2: Gender Distribution - Celebrating Diversity and Inclusion
This delightful pie chart celebrates the diversity among our survey participants by highlighting their gender identities. As you glance at the vibrant slices, you witness the vibrant mosaic of our customer base. With 54% of respondents identifying as female and 46% as male, we recognize the importance of inclusivity and strive to ensure our products and services cater to the needs and desires of all genders.
Visualizations like this one allow us to see the human faces behind the data. It reminds us to embrace diversity and equality in our business operations, ensuring that every customer feels heard and valued.
Chart 3: Question Responses - Unveiling Our Customers' Voices
Within this insightful bar chart, we uncover the authentic voices of our customers through their responses to a specific question. The bars rise and fall, revealing the choices they made and their preferences. The most popular response, "5," chosen by 28% of participants, demonstrates the collective sentiment that echoes among our customers. As we observe the varying heights of each bar, we gain a deeper understanding of their thoughts and desires.
Visualizations like this empower us to hear our customers' voices loud and clear. By listening attentively to their responses, we can make informed decisions that resonate with their needs, aspirations, and desires.
In summary, these captivating visualizations humanize our survey data, enabling us to truly connect with our customers and gain invaluable insights. By considering the stories behind each chart, we ensure that our strategies, products, and services align with their lived experiences. Together, we can build lasting relationships, foster inclusivity, and deliver the exceptional experiences our customers deserve.
Thank you for your time and attention. Should you have any questions or require further information, please don't hesitate to reach out.
Warm regards,
[Your Name]
[Your Position]
Explanation:
3. Identify TWO possible suitable sources of external finance Chris could consider, if the local bank
manager refuses to give him a loan for purchasing a new van for his business. (10 marks)
Please help
Answer:
Hire Purchase
Loans from friends
Explanation:
Hire purchase
A hire purchase (HP) , is also called an installment plan, it is is an financing contract whereby a customer agrees to acquire an asset by paying an initial deposit and repays the balance of the price plus interest on installment bases over a period of time .
Loans from friends
These are loans received from friends which are mostly interest free
A corporation issued 5,900 shares of $10 par value common stock in exchange for some land with a market value of $88,000. The entry to record this exchange is:
a. Debit Land $88,000; credit Common Stock $88,000.
b. Debit Land $59,000; credit Common Stock $59,000.
c. Debit Common Stock $59,000; debit Paid-In Capital in Excess of Par Value, Common Stock $29,000; credit Land $88,000.
d. Debit Land $88,000; credit Common Stock $59,000; credit Paid-In Capital in Excess of Par Value, Common Stock $29,000.
e. Debit Common Stock $88,000; credit Land $88,000.
Answer:
The correct answer is option (d)Debit Land $88,000; credit Common Stock $59,000; credit Paid-In Capital in Excess of Par Value, Common Stock $29,000.
Explanation:
Solution
Given that:
Since the fair value of the Land is more readily known,
Then,
The Fair Market value of Land $88,000 will be taken as basis for valuation.
So entry will be :
Land Dr $88,000
Common Stock Cr $ 59,000
Paid in Capital in Excess of Par -Common Stock Cr 29,000
So a option is correct
Laws governing sales are only enacted when the rights of an organization are infringed upon
True
False
Answer:
This is true for odyssey-ware
Explanation:
Minor Company had checks outstanding totaling $4,092 on its April bank reconciliation. In May, Minor Company issued checks totaling $41,984. The May bank statement shows that $25,578 in checks cleared the bank in May. A check of $842 from one of Minor Company's customers was also returned marked "NSF." The amount of outstanding checks on Minor Company's May bank reconciliation should be
Answer:
Explanation:
Given that,
Minor Company had checks outstanding totaling $4,092
Minor Company issued checks totaling $41,984
The May bank statement shows that $25,578 in checks cleared the bank in May
Particular Amount in $
Opening Outstanding Checks 4,092
Add: Checks issued during the month + 41,984
46,076
Less: Checks cleared by the bank - 25,578
Closing Outstanding Checks Balance 20498
The impact of this Outstanding checks is that Bank balance will be greater than the company's actual balance of cash in books of account of the company.
Treatment of Outstanding Checks in Bank Reconciliation is when adjusted balance as per the bank is calculated at end of a period, Total amount of outstanding checks is deducted from the ending balance of the bank statement.
Overall there are 3 main factors that are used to compute the premiums charged for health insurance. They are: A) Morbidity, interest, expenses B) Policy reserves, interest, expenses C) Mortality, interest, expenses
D) Morbidity, reserves, expenses
Option C is the correct answer. The three main factors used to calculate health insurance premiums are mortality, interest, and expenses.
What about health insurance?One sort of insurance that covers all or a portion of the risk of a person needing medical care is health insurance, sometimes referred to as medical insurance or medical aid in South Africa.Similar to other types of insurance, risk is shared among numerous parties. An insurer can create a standard financial framework, like a monthly premium or payroll tax, to raise the funds necessary to pay for the medical benefits outlined in the insurance agreement by evaluating the overall risk of health risks and health system expenses over the risk pool. The benefit is managed by a central body, which could be a non-profit organisation, a government agency or a private company.To know more about health insurance, visit:
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Question 7 of 10
Yuki is setting up a display in the hardware store where he works. What does
this activity most likely involve?
A. Stacking cartons of merchandise in a safe location
B. Arranging items on shelves at eye level
C. Sorting nuts and bolts from smallest to largest
D. Creating a special exhibit of featured products
Answer:
D. Creating a special exhibit of featured products
Explanation:
Just did a quiz. a pex
Yuki is setting up a display in the hardware store where he works. Creating a special exhibit of featured products this activity most likely involves. The correct option is D.
What is the importance of an exhibition?Exhibitions and events are effective marketing strategies. They provide you a chance to advertise your goods or services to an audience that may be unfamiliar with you or your business. Additionally, they provide a chance to network with both current and new clients. Continue reading to learn about more advantages of exhibitions.
Your product displays play a crucial role in attracting customers. You can easily draw customers in and emphasize your product's standout characteristics with a well-designed POP display. One risk of shopping is being lost in the sea of merchandise.
Thus, the ideal selection is option D.
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Under which ownership type is an owner (or owners) not liable for the company's lawsuits?
A. sole proprietorship
B. partnership
C. franchise
D.corporation
Answer:
D. corporation
Explanation:
If a company increases its fixed cost for Product B. then the contribution margin per unit point will A. decrease. B. remain the same. C. increase. D. more information is needed.
There will be "no change" in the contribution margin per unit point.
By "fixed costs," what do you mean?Rent, insurance, and general office expenses are examples of fixed costs that don't change based on the volume of activity. These expenses often are not impacted by changes in sales volume or production, as they do not vary with output. Regardless of how much product or service a company generates, fixed costs are required to keep it going.
Costs that are fixed do not alter as the output changes. As a result, raising the fixed cost for Product B won't have an impact on the contribution margin for that item. Variable costs are subtracted from the product's sale price to arrive at the contribution margin. The contribution margin is unaffected by the fixed cost because it doesn't alter with the sale of Product B.
So, choice B is the right one.
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"Mr. Bergh sent the firm's then top 60 managers six questions about the pros and cons of the business - and started interviewing each of them." Why would Mr. Bergh ask his managers questions about the pros and cons of the business? What type of information was he attempting to retrieve in his interview process? Do you feel that this is an effective way of communication from a leadership perspective?
Mr. Bergh asked his managers about the pros and cons of the business to gather valuable insights, encourage collaboration, and enhance organizational performance, making it an effective communication approach from a leadership perspective.
Mr. Bergh likely asked his managers questions about the pros and cons of the business to gain valuable insights and feedback from those who have a deep understanding of the organization's operations. By seeking input from the top 60 managers, he could gather a comprehensive perspective on the strengths and weaknesses of the business.
In his interview process, Mr. Bergh was likely attempting to retrieve information about various aspects of the business, such as identifying areas of improvement, understanding challenges faced by the managers, exploring potential opportunities, and gathering ideas for strategic decision-making.
By asking specific questions, he could assess the managers' knowledge, critical thinking, and problem-solving abilities. The goal would be to obtain actionable insights that could inform the company's future direction and enhance its performance.
From a leadership perspective, this approach can be highly effective. Engaging with managers and soliciting their opinions demonstrates a collaborative and inclusive leadership style.
It empowers managers by involving them in decision-making processes and signaling that their expertise and perspectives are valued. It also fosters a culture of open communication, encourages creativity, and enables the organization to tap into the collective intelligence of its top management.
However, the effectiveness of this approach depends on the receptiveness of the managers, the level of trust and psychological safety within the organization, and how the collected feedback is utilized.
It is essential for leaders to create an environment where managers feel comfortable expressing their views and ensure that the information gathered is acted upon or considered in decision-making processes. Regular and transparent communication should follow to close the feedback loop and demonstrate a commitment to continuous improvement.
In summary, asking managers about the pros and cons of the business and conducting interviews can be an effective way for a leader to gather valuable insights, foster collaboration, and enhance organizational performance when accompanied by a supportive leadership style and a commitment to act upon the feedback received.
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MJ Co. pays out 60% of its earnings as dividends. Its return on equity is 15%. What is the stable dividend growth rate for the firm?
Answer: 6%
Explanation:
MJ’s Payout ratio = 60%
Retention ratio will be:
= 1 - Payout ratio
= 1 - 60%
= 40%
Return on equity = 15%
Wethem calculate the stable dividend growth rate for the firm which will be:
= Retention Ratio × return on equity
= 40% × 15%
= 0.4 × 0.15
= 0.06
= 6%
Therefore, the stable dividend growth will be 6%
Max is going door to door selling cleaning products. A potential customer has asked Max to show him how a particular product works. Which step in the sales process has Max reached?
- interview
- support
- negotiate
- demonstrate
Max has reached the "demonstrate" step in the sales process by showing the potential customer how a particular cleaning product works. This step involves demonstrating the features and benefits of the product to the customer in order to persuade them to make a purchase.
Answer: - demonstrate
Explanation:
D. J. Masson Inc. recently issued noncallable bonds that mature in 10 years. They have a par value of $1,000 and an annual coupon of 5.5%. If the current market interest rate is 7.0%, at what price should the bonds sell?a. $829.21b. $850.47c. $872.28d. $894.65e. $917.01
Answer:
Bond Price= $894.65
Explanation:
Giving the following information:
Face value= $1,000
Number of periods= 10
Cupon= 0.055*1,000= $55
YTM= 0.07
To calculate the price of the bond, we need to use the following formula:
Bond Price= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]
Bond Price= 55*{[1 - (1.07^-10)] / 0.07 + [1,000/(1.07^10)
Bond Price= 386.30 + 508.35
Bond Price= $894.65
If you were a manager in a company that operates in many countries, what criteria would you use to determine whether an application should be developed as a global application or as a local application?
As a manager in a company that operates in many countries, I would consider the following criteria to determine whether an application should be developed as a global application or a local application:
Market demand: The first criterion would be to determine if there is a global market demand for the application. If the application addresses a need that is common across multiple countries, it makes sense to develop a global application. However, if the application is specific to a particular country or region, it may be better to develop a local application.
Cultural considerations: Cultural differences between countries can be a significant factor when deciding whether to develop a global or local application. Certain features that are accepted or preferred in one country may not be well-received in another. Therefore, it is essential to understand the cultural preferences of the target audience and design the application accordingly.
Language: If the application requires support for multiple languages, it may make more sense to develop a global application. In contrast, a local application would only need to support the primary language spoken in the country or region.
Legal requirements: Legal and regulatory requirements can differ significantly from country to country. Therefore, it is essential to ensure that the application complies with local regulations, including privacy laws, data protection laws, and other relevant regulations.
Cost considerations: Developing a global application can be more expensive due to the need to consider cultural, legal, and language differences. Therefore, cost considerations should be taken into account when deciding between a global or local application.
By considering these criteria, a manager can determine whether an application should be developed as a global application or a local application.
Which of the following is not included in the typical pattern of behavior for a poverty-stricken person?
a.
higher crime rate
c.
higher standard of living
b.
higher divorce rate
d.
higher chance of being a victim of crime
Answer:
its c
Explanation:
got it right on edge
A person is poverty-stricken if they are considered to be very poor. A higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
Who is poverty-stricken poverty?A poverty-stricken person suffers from the effects of extreme poverty: Some beggars are impoverished and homeless.
There are few jobs for farmers who have moved to cities from poverty-stricken areas in search of work.
It is characterized by excessive indulgence, low self-regulation, exploitation of others, and limited motivation and effort.
Therefore, Option B is the correct answer that is a higher standard of living is not a typical pattern of behavior for a poverty-stricken person.
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Evaluate how a change in consumer incomes will affect the demand
Answer:
They will be less likely to rent an apartment and more likely to own a home. A product whose demand falls when income rises, and vice versa, is called an inferior good. In other words, when income increases, the demand curve shifts to the left.
For normal economic goods, when real consumer income rises, consumers will demand a greater quantity of goods for purchase. ... When nominal income increases without any change to prices, this means consumers can purchase more goods at the same price, and for most goods, consumers will demand more.
Explanation:
On January 1, $837,000, 5-year, 10% bonds were issued for $811,890. Interest is paid semiannually on January 1 and July 1. If the issuing corporation uses the straight-line method to amortize a discount on bonds payable, the semiannual amortization amount is
What evaluation criteria is used in economic analysis?a. Time to completion b. Technical feasibility c. Sustainability d. Financial units (dollars or other currency)
Answer:
The evaluation criteria used in economic analysis is:
d. Financial units (dollars or other currency)
Explanation:
The evaluation criteria for economic analysis is usually based on financial units, which are national currencies. They represent the monetary values of the elements of any economic analysis. For instance, to ascertain the profitability or otherwise of a transaction, the sales value is compared to the costs. The excess of the sales value over the costs is regarded as the profit. The reverse is regarded as the loss. The evaluation criteria for these two economic analysis is based on the financial units of sales and costs expressed as national currencies.
All of the following statements regarding the career agency distribution system are correct except
All of the aforementioned statements regarding the career agency distribution system are correct except: Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
What is an agency?An agency can be defined as the ability of an individual to identify valued goals, priorities and desired outcomes, so as to enhance the purposeful pursuit of those goals and desired outcomes proactively, efficiently and effectively.
What is a career agency distribution system?A career agency distribution system can be defined as a type of distribution system that typically involves an insurance company making use of its own commissioned agents, in order to sell and deliver insurance policies.
In conclusion, a career agency distribution system is the most common system that is used for distributing individual life insurance products.
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Complete Question:
All of the following statements regarding the career agency distribution system are correct EXCEPT:
It uses agents who primarily if not exclusively represent one insurer.
Personal producing general agents (PPGAs) are commonly hired to manage career agencies.
There are two types, the general agency system and the managerial system.
The managerial form of career agency system uses company employees as the agency managers.
You have an investment that will provide $1,000 at the end of each of the next 24 months and
$1,500 at the end of each of the following 24 months (periods 25 through 48). If your opportunity cost of funds is 10%, how much would you pay for this investment (what is the present value)?
Answer:A. $48,307
Explanation: Did the test.
If a website is designed with responsive design concepts, then
If a website is designed with responsive design concepts, then it appears correctly on any device regardless of screen size.
A well-designed website will be easy to use and navigate, with clear and consistent branding throughout. It will also have a strong visual identity, with carefully selected imagery and typography that reinforces the overall message.
The individual design concepts on each page need to work together to create a cohesive whole. The layout should be easy to follow, with a clear hierarchy of information.
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when preparing the retained earnings statement, ................. is (are) subtracted in order to derive at the ending balance of retained earnings.
a) interest expense
b) depreciation
c) net profits after taxes
d) dividends
d) dividends are subtracted in order to derive the ending balance of retained earnings.
Howell Petroleum, Incorporated, is trying to evaluate a generation project with the following cash flows: Year Cash Flow 0 −$ 37,000,000 1 55,500,000 2 −12,000,000 If the company requires a return of 8 percent on its investments, what is the NPV of the project? Note: Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Compute the IRRs for this project.
To compute the IRRs for this project, we can use a financial calculator or Excel's IRR function. In the given case, we get two IRRs because the cash flows change signs twice. Therefore, the project has two possible IRRs: 19.62% and 68.55%.
IRR stands for Internal Rate of Return. It is a financial metric used to evaluate the profitability of an investment. The IRR represents the discount rate at which the net present value (NPV) of all the cash flows from an investment equals zero.
In other words, it is the rate at which the investment earns a return equal to its cost. The higher the IRR, the more attractive the investment opportunity.
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