Answer: a)$300,000
Explanation:
Stockholders Equity shows just how much of the company is being financed by the shareholders. It is calculated by,
Total Stockholders Equity for the Year = Issued and Outstanding Shares + Retained Earnings - Treasury Stock
Retained Earnings = Opening Retained Earnings + Net Income - Dividends
First year of operation so no Opening Retained Earnings.
= $0 + 60,000 - $30,000
= $30,000
Total Stockholders Equity for the Year = (40,000* $8) + $30,000 - (5,000 * 10)
= 320,000 + 30,000 - 50,000
= $300,000
What is the principle of E-commerce?
1. Develop for mobile ; 2. Ensure performance is speedy ; 3. Invest in design ; 4. Put your customers first ; 5. Be locale-sensitive.
imperio caffeine corporation makes and sells coffee under a variety of brand names. imperio wants to merge with java company, its main competitor. in weighing a challenge to the deal, a court looks at the relevant product market. this most likely includes coffee and no other products. products that are not identical but are related, such as spin-offs. products that are reasonably interchangeable. products with identical attributes only.
Imperio caffeine corporation makes and sells coffee under a variety of brand names products that are sometimes substituted for coffee.
Caffeine is a central nervous system (CNS) stimulant of the methylxanthine class. It is mainly used recreationally as a cognitive enhancer, increasing alertness and basic cognitive process performance. Caffeine acts by interference binding of adenosine to the nucleoside A1 receptor, which reinforces unleash of the neurotransmitter acetylcholine. Caffeine incorporates a three-dimensional structure almost like that of adenosine, that permits it to bind and block its receptors. Caffeine conjointly increases cyclic AMP levels through nonselective inhibition of phosphodiesterase.
Caffeine could be a bitter, white crystalline purine, a methylxanthine alkaloid, and is with chemicals concerning the adenine and guanine bases of deoxyribonucleic acid (DNA) and ribonucleic acid (RNA).
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As you learned in the video, there is no specific age requirement to pay taxes.
Why, then, do you think there is a lack of awareness and general knowledge
about taxes among teens?
There could be several reasons why there is a lack of awareness and general knowledge about taxes among teens. One reason could be that taxes are not typically taught in schools, especially at the high school level. Another reason could be that teens may not have had any experience with earning income or paying taxes yet, so they may not see the relevance of learning about taxes. Additionally, taxes can be a complex and confusing topic, which can make it difficult for anyone, including teens, to understand. Finally, some teens may simply not be interested in learning about taxes until they are required to file their own tax returns.
One reason why there might be a lack of awareness and general knowledge about taxes among teens is that tax education is not typically taught in schools. Many schools do not offer personal finance or economics courses, and even when they do, the focus is often on basic concepts like budgeting and saving rather than complex topics like tax laws and regulations.
Another reason could be that teens may not have started earning enough income to be required to file taxes. As a result, they may not see taxes as relevant to their lives, and may not take the initiative to learn about the subject.
Additionally, the tax code can be complex and difficult to understand, even for adults. This complexity can make it challenging for teenagers to learn about taxes on their own, especially if they do not have access to resources like tax professionals or online educational materials.
The 2017 Annual Report of Tootsie Roll Industries contains the following information. (in millions) December 31, 2017 December 31, 2016 Total assets $930.9 $920.1 Total liabilities 197.1 208.6 Net sales 515.7 517.4 Net income 80.7 67.2 Compute the following ratios for Tootsie Roll for 2017. (a) Asset turnover (Round answer to 3 decimal places, e.g. 0.851 times.) enter the asset turnover rounded to 4 decimal places times (b) Return on assets (Round answer to 2 decimal places, e.g. 4.87%.) enter the return on assets in percentages rounded to 2 decimal places % (c) Profit margin on sales (Round answer to 2 decimal place
Answer:
a. 0.557 times
b. 8.72%
c. 0.16
Explanation:
a. Asset turnover = Net sales ÷ Average total assets
We will calculate the average total asset first
Average total asset = [Beginning total assets - ending total assets)] / 2
= [(930.9 + 920.1)] / 2
= 925.5
Asset turnover = 515.7/925.5
= 0.557 times
b. Return on assets = Net income/Average total assets
= 80.7/925.5
= 0.087196
= 0.087196 × 100
= 8.72%
c. Profit margin on sales = Net income/Net sales
= 80.7/515.7
= 0.16
Competitive markets generally give consumers and producers correct incentives when
A competitive market incentivizes its consumers and producers when the property rights are well-defined and enforced.
What is a competitive market?A competitive market is referred to as a condition wherein there are a large number of buyers and sellers in a market dealing in the buy and sell of a distinctive product.
Hence, option B holds true regarding a competitive market. The complete question has been attached as an image for better reference.
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What type of communication takes place when announcements in offices are made through public announcement systems?
A.
interpersonal communication
B.
written communication
C.
mass communication
D.
public communication
E.
intrapersonal communication
Answer:
mass communication
Explanation:
I asked the teacher, she looked at the answer key and said
10 principles of economics
The 10 principles of economics were given by Gregory Mankiw.
These principles are:
People face tradeoffs: it means that to get one thing, one has to give up on another thing.The cost of Something is What You Give Up to Get It: it refers to the opportunity cost you incur on doing something else. Rational people think at the margin: considering the marginal cost of the product.People Respond to Incentives Trade Can Make Everyone Better Off: trading helps a country in being self-sufficient and enjoying more goods and services. Markets Are Usually a Good Way to Organize Economic Activity. Governments Can Sometimes Improve Economic Outcomes: Government can intervene to allocate resources efficiently.The Standard of Living Depends on a Country's Production: the standard of living increases as the consumption of goods and services, increases.Prices Rise When the Government Prints Too Much Money: when there's a lot of money flowing the market, it will increase the demand for goods which will increase the cost of goods, ultimately leading to inflation.Society Faces a Short-Run Tradeoff Between Inflation and Unemployment.Learn more about "Principles of economics":
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Mr. Coffey bought a house for $195,000. He made a 20% percent down payment. The internet rate is 5.25% for 30 years. How much does he need to borrow and what is his monthly payment
Answer:
$39,000
20% OF THE COST OF HOUSE OUT HERE
= 20% OF $195,000
= 0.2 * 195,000
=$39,000--------
Good luck!
What happened to the Oil Industry in Venezuela?
Answer:
Since 2014, oil production in Venezuela has suffered from a poor oil market and Venezuela's insufficient funding of the industry. ... The Economic policy of the Nicolás Maduro administration did not revive the oil decline, and by 2016, the oil production reached the lowest it had been in 23 years.
Explanation:
In other words the oil industry crashed due to the reasons provided above
The October transactions were as follows. Oct. 5 Received $1,490 in cash from customers for accounts receivable due. 10 Billed customers for services performed $5,090. 15 Paid employee salaries $1,380. 17 Performed $570 of services in exchange for cash. 20 Paid $1,990 to creditors for accounts payable due. 29 Paid a $260 cash dividend. 31 Paid utilities $340. Prepare a general ledger using T-accounts. Enter the opening balances in the ledger accounts as of October 1.
Answer:
there are no initial balances, but I can still record the journal entries that would go into the general ledger:
Oct. 5 Received $1,490 in cash from customers for accounts receivable due.
Dr Cash 1,490
Cr Accounts receivable 1,490
Oct. 10 Billed customers for services performed $5,090.
Dr Accounts receivable 5,090
Cr Service revenue 5,090
Oct. 15 Paid employee salaries $1,380.
Dr Salaries expense 1,380
Cr Cash 1,380
Oct. 17 Performed $570 of services in exchange for cash.
Dr Cash 570
Cr Service revenue 570
Oct. 20 Paid $1,990 to creditors for accounts payable due.
Dr Accounts payable 1,990
Cr Cash 1,990
Oct. 29 Paid a $260 cash dividend.
Dr Dividends
Cr Cash 260
Oct. 31 Paid utilities $340.
Dr Utilities 340
Cr Cash 340
The agreement of the trial balance totals is an indication that all transactions have been properly recorded in the books of accounts. Do you agree with this statement?
Answer:
No
Explanation:
The trial balance shows the totals of all transactions that have been recorded. It has no way of knowing if there are additional transactions that have not been recorded.
Write a list of at least 3 things that Eric has done right before applying for a loan.
Answer:
A. Three important Items to double check before submitting a loan application to underwriting.
• Completeness of data : One has to be sure that all important details are captured hence none is left out. It means that there are no missing information on the application.
• Calculations performed accurately: This means that calculations such as borrower's income, qualifying ratios are calculated accurately and also double checked for the purpose of the loan underwriting.
• Documentations required by the loan programme. All Documentations required by the loan programme must be double checked before submitting a loan application to underwriting.
B. List at least two things you would be sure to tell a borrower in preparation for closing
• I will seek clarity in terms of the money borrower would be bringing to the closing table.
• The date,time,venue of closing are essential for the closing hence will be communicated to the borrower. Also, there are no right or wrong answers that may be asked or given by the borrower during the closing.
C. List at least three calculations that are typically used during the course of mortgage loan transaction.
• Income calculation
• Front end and back end ratio (DTI ratio)
• Monthly payment.
Explanation:
The three things that Eric has done before making a loan application are as follows:
Careful examination of loan applicationCommunication to the borrowing party regarding the closing of the loanComputations related to the loan transactionWhat is a loan?A loan is an amount given to the borrowing party at an interest rate that can be annual, monthly, or quarterly basis by the lender.
Eric should make sure the three following things:
He should carefully read the loan agreement and its causes before accepting it by signing the document. He must ensure that the data is accurate and the calculations are correct in themselves.He should communicate with the borrower about the closing time period in advance so that no delay could happen.He computes the monthly installment to be paid by the borrower on the basis of his income and debt-income ratio.Therefore, the three things which Eric should check have been explained above.
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define economic development
Answer:
developing the economy
business studies grd 12 presentation on business environment
The business environment is the set of internal and external factors that affect the operations and success of a business. It includes factors such as economic conditions, political and legal systems, technological advancements, social and cultural factors, and competitive forces.
Understanding the business environment is important for businesses because it enables them to identify opportunities and threats that may impact their operations.
Businesses can then use this information to make informed decisions about their strategies and plans.
For example, a business operating in a highly competitive market may need to focus on product differentiation or cost reduction strategies to stay competitive.
Similarly, a business operating in an unstable economic environment may need to adjust its pricing or marketing strategies to remain viable.
In summary, the business environment is a complex and dynamic system that affects businesses in various ways, and understanding it is critical for success in the business world.
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Isn't POWER the only real thing necessary in any negotiation? Explain why or why not.
Power is not necessary the only major bargaining point in any negotiation although it is one of the major factors that influence any negotiation.
While power increases the probability that people consider negotiating in the first place due to higher feelings of entitlement and confidence that a positive result can be achieved, it sometimes may not get the appropriate result. The Russian-Ukraine Crises is a perfect example of this
Factors that affect NegotiationSeveral factors may affect the outcome of a negotiation. One of the most important factor is the relative power between the negotiating parties.
Other factors include
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Martha is looking into investing a portion of her recent bonus into the stock market. While researching different companies, she discovers the following standard deviations of one year of daily stock closing prices. Handy Prosthetics: Standard deviation of stock prices =$1.05 El Lobo Malo Incorporated: Standard deviation of stock prices =$9.82 Based on the data and assuming these trends continue, which company would give Martha a stable long-term investment?
Answer:
Martha
Based on the data and assuming these trends continue,
Investment in Handy Prosthetics is preferred as it would give Martha a stable long-term investment.
Explanation:
a) Data:
Handy El Lobo Malo
Prosthetics Incorporated
Standard deviation of stock prices = $1.05 $9.82
b) The above standard deviations measure the spread of the stock prices over their daily stock closing prices in one year. The Handy Prosthetics' stock does not fluctuate as much as the El Lobo Malo's stock. This reduced fluctuation in prices makes it a more stable investment than El Lobo Malo's stock. Therefore, Martha should prefer the Handy's stock to the El Lobo Malo's stock.
how financial factor such as salary , cost of living, and potential for advancement can impact career choices?
A higher salary can be a strong motivator for individuals to choose a particular career or job, as it can provide financial security and stability.
The cost of living in a particular area can also influence career choices, as individuals may be more likely to pursue jobs in areas with lower living expenses. The potential for advancement can also be a deciding factor, as it can offer opportunities for career growth, skill development, and increased earning potential over time.
These financial factors can impact career choices in various ways. For example, individuals may prioritize a higher salary over job satisfaction or work-life balance, while others may prioritize a lower cost of living in a specific area over a higher salary in a different location. Similarly, some individuals may prioritize career advancement opportunities over immediate salary or financial benefits.
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g where on form 4797, sales of business property, would the sale of the driveway be reported? page 1, part i. page 1, part ii. page 2, part iii. page 2, part iv.
On Section 4797, Part I, the land is sold. The capital asset portion of your Form 1040 is combined on line 13. Consequently, the answer to your last query is that this does count as two sales on your Form 4797, but only one of them is a Schedule D capital asset.
How do I fill out Tax form 4797 after sale of a rental property?To complete form 4797 for the 2013 tax year, I'm attempting to find out how to do it.
For $240,000 in 2007, the duplex was bought, and for $251,900 in 2013, it was sold.
Never owned by the owner, it was always used as a rental property. the following information
- Paid $240,000 when bought in 2007. (Land: 50,000 Building: 190,000)
- Purchased for $251,900 in 2013.
- $13,500 in fees for the property's selling
- Depreciation over the last six years or more: $34,000
- During this time, the home underwent no improvements.
I typed 251,000 into line 20 of form 4797. This is probably accurate.
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Help please !!!
Thanks in advance.
The purchase of equity securities is classified as an investing activity.
True? or false ?
How can events in a process costing system affect financial statements? Provide examples.
The inventory costing asset account, which shows up on the balance sheet, is where the costs associated with units produced or in production are financial recorded.
The cost is transferred to the cost of goods sold account when the goods are eventually sold, where it appears on the income statement. Financial Process costing is a type of costing that's primarily utilized costing in manufacturing, where products are mass-produced constantly using one or more processes. Examples of this include producing chemicals, erasers, or processed foods. Instead of tracking expenses for each individual item, organizations that use process costing follow the flow of costs from department to department.
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when management's primary objective is the economic interests of shareholders, this is known as : A.philanthropy B.responsibility C. the strategic approach D.the pluralistic.
Explain the role of values in the making of business ethics.How these can be incorporated in working out business strategy?
it helps by making the plan to start everything offExplanation:
What makes penny stocks risky investments with uncertain rates of return? Choose four correct answers.
They generally have a low trading volume.
They have a low market price of less than $5.
They represent a share of a company’s value.
It is difficult to find reliable information about the company.
They are more likely to be a part of a “pump and dump” scheme.
Answer:1,2,4,5
Explanation: just took the assignment
Answer:
1, 2, 4, 5
Explanation:
Got it right on edge 2020
chất lượng tối ưu là gì
Answer:
net là một thị trường hiệu quả hay không hiệu quả
Explanation:
net là một thị trường hiệu quả hay không hiệu quả
The Munsters have been saving money in order to buy a house. They figure that, given current interest rates, they could afford a $465,000 home. Before looking at houses on the market they decide to explore the possibility of building a new home. The Munsters figure they could buy a suitable lot for $102,500–$$107,500. At a minimum they want to build a 2,300-square-foot house. The cost for a house of the quality they desire is $186 per square foot. Given this information, should the Munsters pursue the option of building a new house?
Answer:
Solution Cost of Lot = 75000 Area = 2400 square foot Cost per Square Foot = 160 Total Cost of Building Flat = 75000 + (2400 x 160) = 459,000 Cost
Explanation:
No, the given information, does not support the Munster's pursuing the option of building a new house because the cost is high to build a new house.
What is the importance of a house?A decent house offers defense. Violence and sexual abuse against children are less likely. They are less likely to be compelled to work as children, get married off at a young age, or be coerced into joining armed organizations. Having a house guarantees that displaced individuals have easier access to humanitarian relief.
Given,
Cost of ready house = $465,000
Cost of building new house = $102,500 + $186 x 2,300 (min sq.ft )
Cost of building new house = $530,300
The cost of building a new house is greater by $65,300 ( 530,300 - 465,000)
Thus, the Munsters drop down the decision to build a new house they should purchase a ready-made house.
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1. How do customers judge the quality of a supermarket? 2. Indicate how and why each of these factors is important to the successful operation of a supermarket: a. Customer satisfaction b. Forecasting c. Capacity planning d. Location e. Inventory management f. Layout of the store g. Scheduling 3. What are some of the ways Wegmans uses technology to gain an edge over its competition?
Answer:
1. How do customers judge the quality of a supermarket?
They judge the quality of a supermarket depending on their values and most urgent needs.
Customers who value quality, and even luxury, will say that a good supermarket is one that offers high quality products.
Customers who value price, will prefer a low-cost supermarket.
2. Indicate how and why each of these factors is important to the successful operation of a supermarket:
a. Customer satisfaction - a very important factor because it determines how well the supermarket is serving its customers.
b. Forecasting - the supermarket needs to forecast all sorts of things, from, sales forecasts, to profit forescasts, to costs forecasts.
c. Capacity planning - the supermarket needs to know what it is actually able to do, and what projects it can embark on, for this, it needs to do a lot of capacity planning.
d. Location - Location is extremely important for a supermarket. It determines a large part of the customer demand because customers prefer supermarkets to be close to where they live.
e. Inventory management - Supermarkets need to manage inventories carefully, specially because a lot of the goods that a supermarket sells, are perishables.
f. Layout of the store - The Supermakert needs to be careful when determining the layout of the store. Customers want a layout that is easy to navigate, and where goods are placed according to a coherent classification.
g. Scheduling - The supermarket needs to establish a convenient schedule for its customer base.
What are some of the ways Wegmans uses technology to gain an edge over its competition?
Wegmans is characterized for its early adoption of ground-breaking technologies. For example, recently Wegmans developed a mobile application to assist blind shoppers.
please help me this is urgent ill give all points
An income statement, also known as a profit and loss statement, shows a company's revenue and expenses over a particular period. The statement begins with revenue and subtracts the cost of goods sold to calculate gross profit.
What is a balance sheet?A balance sheet shows a company's assets, liabilities, and equity at a specific point in time. The statement is divided into two sections: assets on the left and liabilities and equity on the right. The total assets must always equal the total liabilities and equity. Assets are items that a company owns that have value, such as cash, property, and inventory. Liabilities are amounts that a company owes, such as loans or accounts payable. Equity is the residual interest in the assets of the company after liabilities are deducted.
Analyzing charts relating to an income statement and balance sheet can provide insight into a company's financial health. For example, a chart showing revenue growth over time can indicate how successful the company has been in increasing sales. A chart showing the debt-to-equity ratio can show how much debt a company is using to finance operations compared to equity.
The choice of financing source will depend on several factors, including the amount of money needed, the urgency of the need, the cost of borrowing, and the creditworthiness of the company. Self-financing involves using the company's own funds to finance expansion, which may be the most flexible option but could limit the amount of funds available. Friends and family may be willing to provide a loan or investment, but there is the potential for personal relationships to be damaged if the business does not perform well. Investors may provide a large sum of money, but may also require a significant equity stake in the company. Loans may be available from banks or other financial institutions, but interest rates and repayment terms can vary widely. Grants may be available for specific types of businesses or projects, but may require significant effort to apply for and are typically limited in size. Credit cards can provide a quick and easy source of funds, but typically have high-interest rates.
Based on the financial statements, a company may consider several factors when deciding on a financing source. For example, if the company has strong revenue growth but needs a large sum of money quickly, an investor or loan may be a suitable option. If the company has adequate cash reserves but needs a smaller amount of funds, self-financing or a credit card may be more appropriate. Ultimately, the company will need to weigh the pros and cons of each financing source and choose the option that best meets their specific needs.
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Explain in two ways how your community can support the 16days of activism
Hosting events and creating social media campaigns are just two ways that your community can support the 16 days of activism campaign. By coming together and taking action, we can create a safer.
The 16 days of activism is a global campaign that aims to raise awareness about gender-based violence and empower individuals to take action against it.
Hosting Events: One way to support the 16 days of activism is by hosting events in your community. These events can range from panel discussions, workshops, film screenings, and rallies.
By hosting these events, you can bring together members of your community to discuss the issue of gender-based violence, share their experiences, and brainstorm ways to address it. Additionally, hosting events can help to raise awareness about the campaign and encourage more people to get involved.
Social Media Campaigns: Another way to support the 16 days of activism is by creating social media campaigns. Social media has become a powerful tool for advocacy, and you can use it to raise awareness about gender-based violence and the 16 days of activism campaign.
You can create posts that highlight the importance of the campaign, share stories of survivors of gender-based violence, and encourage others to take action. By creating social media campaigns, you can reach a wider audience and inspire more people to get involved in the fight against gender-based violence.
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In the United States The 401K plan or individual retirement account is a defined plan
A specified plan that can be either cash or deferred is the 401K plan but rather individual retirement account in the United States.
Explain about the 401K plan in United States?An employer-sponsored retirement plan, often known as a defined contribution plan, is a 401(k). Up to a certain annual limit, it enables workers to make pre-tax deposits to the plan.
A defined contribution plan, often known as a cash or deferred arrangement, is a 401(k) plan. Workers have the option to elect not to receive a proportion of their pay, which is instead put into the 401(k) plan on their behalf and before taxes. The employer may occasionally match these donations. The amount that employee may choose to avoid each year is subject to a financial cap. Employees must be made aware of any potential restrictions by their employer. By paying a portion of their salary, employees who take part in 401(k) plans are responsible for their retirement income.Know more about the 401K plan in United States
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Wally's Walleyes wants to introduce a new product that has a start-up cost of $7,800. The product has a 2-year life and will provide cash flows of $4,500 in Year 1 and $4,300 in Year 2. The required rate of return is 15 percent. Should the product be introduced? Why or why not?
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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