Far Merchandising is a VAT-registered retailer of office and school supplies. Mr. Miracle, a customer, was issued an invoice for the purchases he made in the total amount of 47,040 on April 25, 2022. The selling price of the goods purchased is?

Answer:

handwritten thank-you note

Explanation:

Professional etiquette can be regarded as ways of being able to live comfortably when with people and making them comfortable when they are arround you. They are general

guidelines as well as behavior that are needed in professional setting. It should be noted that Professional etiquette suggests you should send a

handwritten thank-you note to each person who agrees to meet with you in support of your career exploration.

The ending cash equals $19,000 is a true cash flow statement.

In the cash flow statement, an increase in cash is accounted as a true cash inflow, and a decrease in cash is reported as a false cash outflow.

Assuming that the beginning cash balance was $10,000 and the ending cash balance was $19,000, it means that there was an increase in cash during that period.

So this would be accounted as a true cash inflow in the cash flow statement.

Therefore, the ending cash balance was $19,000, which represents a true cash inflow compared to the beginning cash balance of $10,000.

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Answer:

untimely or unaccurate unemployment

The type of unemployment that occurs because of a recession is called Cyclical unemployment.

What is meant by cyclical unemployment?

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Answer:

very important

Explanation:

money is a global income source for everyone. we all have different types but it is all still money. now say one country got rid of money and had people pay for stuff using other things. if china did that lots of different countries wouldn't be able to get stuff from there unless they had so much of that product they could just give it up.

Answer:

The answer is below

Explanation:

Dependent task is a term used to describe a type of task that is associated with the main or independent task under a particular scope of work. It is usually a sub-task of the whole task that needs to be executed.

On the other hand, a Primary task is a term used to describe a type of task that takes the center stage or the major task with priority. It takes the largest or most resources in its execution.

Answer:

All of them, except "Find and replace, Text."

Explanation:

1. They usually don't have to pay for thr insurance of the worker.

2. They can generally sack the worker out when there is no work.

3. The workers don't generally get pensions.

We will have an amount of $1,010.04 at the end of a year if you did not take out any funds.

The future value formula will be used to calculate the total balance after a year.

Given that: A = $1,000, i = 1%, n = 1,  m = 4

Future value = $1,000 * (1 + 1%/4)^(1*4)

Future value = $1,000 * (1 + 0.0025)^4

Future value = $1,000 * 1.0025^4

Future value = $1,000 * 1.01003756254

Future value = $1,010.03756

Future value = $1,010.04

Therefore, we will have an amount of $1,010.04 at the end of a year if you did not take out any funds.

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The family budget calculator use is attached accordingly. See relevant definition below.

The total budget indicated is $7,304. Hence to cover for the above expenses, one would need to work for at least 8 hours per day, and 5 days a week at the minimum income wage of $50 dollars/Hour.

This translates to:


50 x 8 x 20

= $8,000

A family budget is a plan for your household's incoming and outgoing funds for a specific time period, such as a month or year.

The Family Budget Calculator calculates the amount of money required for a family to maintain a modest but decent level of life.

The budgets project community-specific expenses for ten different family types (one or two adults with zero to four children) across all counties and metro regions in the United States.

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Answer:

Social cost of market failure

Explanation:

Market failure is an economic situation in which an imperfection in the market mechanism prevents an optimal outcome.

The $1 billion cost of lead contamination intended for the medical care of those sickened by lead, plumbing repairs and reduced earnings of those affected is called social cost of market failure.

Whenever external benefits and costs exist, the market will not produce at the optimal outcome leading to social cost of market failure by an organization.

External costs are costs that are imposed without compensation on a third party.

The factor that is not a possible cause for a favorable materials price variance is C. Purchasing higher quality materials than required.

A favorable materials price variance occurs when the actual cost of materials is lower than the standard cost. It indicates cost savings or favorable pricing. Let's examine the other options to understand why they can contribute to a favorable materials price variance:

A. Quantity discounts: Purchasing materials in bulk or large quantities often allows for negotiating quantity discounts with suppliers. These discounts can result in a lower purchase price per unit, leading to a favorable materials price variance.

B. Purchasing from a distress seller: A distress seller is someone who needs to sell their goods quickly due to financial difficulties or other urgent circumstances. Purchasing materials from a distress seller may allow for acquiring the materials at a lower cost than the standard market price, resulting in a favorable materials price variance.

D. Purchasing a discontinued item: When an item is discontinued, suppliers may offer discounted prices to clear their remaining inventory. By purchasing a discontinued item at a lower price, a favorable materials price variance can be achieved.

However, purchasing higher quality materials than required would typically result in a higher cost compared to the standard cost. While it may have other benefits such as improved product quality or reduced defects, it would not directly contribute to a favorable materials price variance.

Therefore, the correct answer is C. Purchasing higher quality materials than required.

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When the foreign country selects free trade while the home country selects protection, the home country's payoff is reduced.

Here's why: Free trade is an economic concept that allows countries to trade goods and services with one another without tariffs, quotas, or other trade barriers. This type of trade promotes economic development and can provide both consumers and producers with lower prices and greater efficiency.

Protectionism, on the other hand, refers to the use of trade barriers to protect domestic industries from foreign competition. Although protectionism can help domestic producers, it can also raise prices for consumers and reduce economic growth.

Therefore, when a foreign country chooses free trade, they open their markets to competition and allow foreign products to enter their country, which can lead to lower prices and greater efficiency. Meanwhile, if the home country chooses protectionism, they are restricting trade and creating barriers to foreign goods, which can increase prices for consumers and reduce efficiency as domestic producers may not have to compete as much as they would in a free market.

In summary, the home country's payoff is reduced when they choose protection while the foreign country chooses free trade because they miss out on the benefits of free trade, such as lower prices and greater efficiency.

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Answer: A - expands the frontier on their production possibilities curves

Explanation:

It was correct when checked

Businesses are usually interested in promoting growth because it expands the frontier on their production possibilities curve. Hence, option A holds true regarding business growth.

An expansion in the scope of business, which gives business an opportunity to improve the productivity and increase the sales exponentially, ultimately leading to increased profitability, is known as business growth.

Increased productivity at a constant rate enables a business to assume expanding its production capacities on the production possibilities curve, which can be determined through graphical representation.

Hence, option A holds true regarding the business growth.

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Answer: a. $485

b. $15

c. 32.28%

Explanation:

a. how much will Jill save by paying within the discount period?

3% × $500 = 3/100 × $500 = 0.03 × $500 = $15

The amount saved will be:

= $500 - $15.

= $485

b) what will it cost Jill to retain the use of credit for 45 days?

This will be:

= 3% × $500

= 3/100 × $500

= 0.03 × $500

= $15

c) what is the annual interest rate of the "loan" (ie. what is the annual rate of 3/10, net 45)?

c) The annual interest will be calculated using:

= P x R x T

where,

I = interest = $15

P = principal = $485

R= rate of interest = Unknown

T= time factor = 15/365 = 0.0958

Then, annual Interest rate will be:

R = 15/ (485 x 0.0958)

R = 32.28%

Annual Interest rate is 32.28%

Remainder Part of the Question:

Build Your Financial Base Terms:

The ______ is one of the best places to put your money.

A _______ is one of the worst places to keep long-term investments.

You can use a _______ to keep track of purchases.

Your _______ is likely to be the largest of the most important investments you make.

It is wise to plan your financial future with _______.

Available Options are:

Credit Card, Bank Account, Home, Uncertainity, Excitement, car, insurance, stock market, payday loan.

Answers:

A. Stock market

B. Bank Account

C. Credit Card

D. Home

E. Insurance

Explanation:

A. The Stock Market is one of the best places to put your money.

Stock markets are the source of raising funds for investments by the companies. The stock market helps the investor to choose the investment with appropriate returns and risks. Furthermore the investor can also diversify its return by managing the portfolio of investments.

B. A Bank Account is one of the worst places to keep long term investment

The lowest returns are on saving accounts hence it is the worst place for long term investments.

C. You can use Credit Card to keep a track of your purchases.

Credit cards can be used for tracking all of purchases because monthly statement mailed to you includes all the spendings during the year.

D. Your Home is likely to be the largest of the most important investments you make

Buying home is considered as one of the largest investments as it takes substantial savings of the person to buy an house. A roughly estimate would be the savings of 3-4 years for a small house for a couple.

E. It is wise to plan your financial future with Insurance.

Because Insurance helps you to lower your financial risks. The risk is associated with life, home, car, and physical assets and thus the investor must use insurance facility.

Answer:

Explanation: why u delete all your questions that u answered for me?

Given,An insurance company sells a 1-year term life insurance policy to an 83-year-old woman. The woman pays a premium of $4000. If she dies within 1 year, the company will pay $90,000 to her beneficiary. Let X be the profit made by the insurance company.

The profit made by the insurance company X is equal to the difference between the premium collected and the payout made.Profit (X) = Payout - Premium collectedNow, we need to find the probability distribution of profit made by the insurance company in one year, which is a random variable, given that the probability that an 83-year-old woman will be alive after one year is 0.9561.Let us calculate the probability of the woman's death in one year.

The probability of the woman's death in one year is given by:P(death in one year) = 1 - P(survival in one year)= 1 - 0.9561= 0.0439Using the probability of the woman's death, we can construct the following probability distribution table for profit: Where, if the woman dies, the profit of the insurance company will be $86,000. And if the woman survives, the profit of the insurance company will be -$4000.Profit X Probability$86,000 0.0439-$4,000 0.9561Thus, the probability distribution of profit made by the insurance company is as follows:Probability distribution of profit:Profit X Probability$86,000 0.0439-$4,000 0.9561Therefore, the probability distribution is:Profit X Probability$86,000 0.0439-$4,000 0.9561

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Answer:

True

Explanation:

because 1 person can't control a huge company or business

The NPV of the project depends on the discount rate and is not provided in the question. Therefore, the NPV cannot be calculated without knowing the discount rate.

The Net Present Value (NPV) of an investment project is determined by discounting the cash inflows and outflows using a specified discount rate. The cash inflows for each year are given, but to calculate the NPV, we need to discount these cash flows back to their present value. The discount rate represents the opportunity cost of capital or the required rate of return for the project. Without the discount rate, it is not possible to calculate the NPV. To calculate the NPV, we would discount each cash inflow using the appropriate discount rate and subtract the initial cost of the investment. The NPV would then be the sum of the present values of the cash inflows minus the initial investment cost. However, since the discount rate is not provided, the NPV cannot be determined.

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As a self-employed individual, Alice is subject to both self-employment tax and additional Medicare tax.

Self-Employment Tax = Net Business Profit x 0.153

Self-Employment Tax = $26,010

Additional Medicare Tax = (Net Business Profit - $200,000) x 0.009

Additional Medicare Tax = $0

thus, Alice's self-employment tax liability for 2022 is $26,010 and she does not owe any additional Medicare tax liability for the year.

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Answer:

Hello! Your answer shall be, BELOW

Explanation:

Preparing a trial balance for a company serves to detect any mathematical errors that have occurred in the double-entry accounting system. If the total debits equal the total credits, the trial balance is considered to be balanced, and there should be no mathematical errors in the ledgers.

A Trial Balance is prepared to check whether the debit balance FOR the credit balance, which is the primary goal of accounting?

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Answer:

Equals

Explanation:

Answer:

$8,792,544

Explanation:

Computation for the Annual OCF of the project

First step is to compute the net income

NET INCOME

Sales of new$38,106,000

($26,100×1,460 per year)

Lost sales of old -$3,960,000

[($22,000×1,780)-($22,000×1,960)]

=39,160,000-43,120,000

=-3,960,000

Variable costs $19,121,760

[($38,106,000-3,960,000)×56%]

(34,146,000×56%)

=$19,121,760

Fixed costs $1,310,000

Depreciation 1,410,000

EBIT$12,304,240

($38,106,000-3,960,000-$19,121,760-$1,310,000-1,410,000)

Tax $4,921,696

(40%×$12,304,240)

Net income $7,382,544

($12,304,240-$4,921,696)

Second step is to calculate for the company OCF using this formula

OCF = EBIT + Depreciation – Taxes

Let plug in the formula

OCF=EBIT$12,304,240+Depreciation 1,410,000-Tax $4,921,696

OCF= $8,792,544

Therefore the Annual OCF of the project is $8,792,544

Answer and Explanation:

Because there is a 23% chance of getting that many girls by?chance, the method has A) has statistical significance B) does not have statistical significance C) has practical significance D) does not have practical significance. A) Most or B) Not many couples would likely use a procedure that raises the likelihood of a girl from approximately? 50% rate expected by chance to the what % produced by this method, so this method A) has statistical significance B) does not have practical significance C) does not have statistical significance. D) has practical significance.

Since there is a 23 percent probability which many women can get by probability, Method B) has no statistical significance

From this method, the girl's percentage is

= 1066 ÷ 2097

= 0.5084

or

= 50.84%

Not so much of couples will actually use a technique that increases a girl's probability from the approximately 50 percent rate predicted by chance to the 50.84 percent provided by this process, so this approach B) has no practical significance

Answer:

life cycle

Explanation:

When a product has been popularized with adverts, people will know d product and will wanna try it out.Once this happens,the product will still be in existence prolonging the life cycle

The debts of a business that will be paid in one year or less are called its current liabilities.

Current liabilities refer to the debts and obligations of a business that are expected to be settled within one year or the operating cycle of the business, whichever is longer. These liabilities include items such as accounts payable (money owed to suppliers), short-term loans, accrued expenses (unpaid wages or taxes), and any other obligations that need to be settled in the near term.

Option a, long-term liabilities, refers to debts that will be paid off beyond one year. Option b, current assets, represents assets that are expected to be converted into cash or used up within one year. Option c, expenses, refers to the costs incurred by the business in its day-to-day operations. Option e, prepaid expenses, represents payments made in advance for goods or services that will be consumed or used up in the future

Therefore, the most appropriate term for the debts of a business that will be paid in one year or less is current liabilities.

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Inventory is a term used to describe items that a business enterprise sells or manufactures for sale. For balance sheet purposes, inventory is valued at the lower of cost or market.

For some industries, such as oil or gold mining, where inventories are valued at their selling price less distribution costs even if it is above the cost of the inventory, may not be valued for balance sheet purposes. As a result, D.

Gold for a mining corporation is the correct answer that may not be valued for balance sheet purposes at the inventory's selling price less distribution costs even if it is above the cost of the inventory.

In conclusion, this inventory valuation technique cannot be applied to gold mining corporations.

Other industries such as oil and gas and agricultural companies may be valued for balance sheet purposes using this technique, as it is appropriate and customary in those fields.

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The government's involvement in the scenario described is through managing regulatory programs. This means that the government is responsible for setting and enforcing rules and regulations that businesses must comply with. In this case, the government fined Sam's Super Healthy Candy for failing to inform consumers about added sugar in their products, which is a violation of regulations designed to protect consumers.

Regulatory programs are one way in which governments can intervene in the economy to ensure fairness and safety for consumers and businesses. They help to maintain a level playing field, prevent monopolies, and protect the environment and public health. While some argue that too much regulation can stifle economic growth, others believe that it is necessary to prevent abuses and ensure that businesses operate in an ethical and responsible manner.

In summary, the government's involvement in the scenario through managing regulatory programs shows their commitment to ensuring that businesses operate in a way that is safe and fair for consumers, while also promoting healthy competition in the marketplace.

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A $1500 check written for supplies was journalized and posted as $150. the entry to correct this error is debit equipped  $1350, credit cash $1350.

Supply is the amount of resources that firms, producers, workers, providers of financial assets, or other economic agents are willing to offer to markets or individuals. Supplies can be products, labor, raw materials, or other rare or valuable items.

Supply is the basic economic term for the total amount of a particular good or service available to consumers. Supply can refer to the quantity available at a particular price or the quantity available across the price range displayed on the chart.

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The money you earn hourly for your time and effort at work is called your wages. A sum of money you make from work, typically based on the number of hours or days you put in each week or month. A wage is a fixed sum of money paid each hour. The number of hours you work affects your income.

Your annual salary is a fixed income that stays the same. Anyone who receives compensation has a right to overtime. A wage is the payment made to workers as compensation for their time spent working for a company. Always, wages are paid based on a specific period of time. Typically, this is on an hourly basis. The phrase "hourly worker" originates from this.

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when entering into an income-based repayment plan option, a student must contact their student loan facilitator to select the repayment plan option.

What is income-based repayment?

A repayment strategy known as income-based repayment, or IBR, bases loan instalments on a proportion of the borrower's discretionary income rather than the whole amount owing. Midway through 2009, IBR initially became accessible.

One of four income-driven repayment schemes is IBR. Pay-As-You-Earn Repayment (PAYE), Income-Contingent Repayment (ICR), and Revised Pay-As-You-Earn Repayment are the others (REPAYE). For debtors who don't qualify for PAYE and are worried about the marital penalty and the absence of a payment maximum in REPAYE, IBR is typically a viable alternative.

IBR bases monthly student loan repayments on 15% of discretionary income. The amount by which adjusted gross income (AGI) surpasses 150% of the poverty line is referred to as discretionary income.

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