If granfield company has a piece of manufacturing equipment with a book value of $40,000 and a remaining useful life of four years. the total increase or decrease in income by replacing the current equipment with the new equipment is:$22,000 decrease.
How to find the increase or decrease in income?Annual Savings $76,000
($19,000 × 4 years)
Add Proceeds from Sale of Machine $22,000
Total $98,000
Total increase or decrease in income = $98,000 - $120,000
Total increase or decrease in income = $22,000 (Decrease)
Therefore the decrease in income is $22,000.
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A study of the per capita consumption of gasoline: in 10 countries demonstrates that:
A) the consumption of gasoline does not appear to be related to the price of gasoline.
B) higher gasoline prices do result in lower consumption of gasoline.
C) higher gasoline prices actually increase the consumption of gasoline.
D) higher gasoline prices reduce consumption in some of those countries, but not in others.
B) higher gasoline prices do result in lower consumption of gasoline.This suggests that consumers are sensitive to the price of gasoline and may reduce their consumption when the price is higher
This is demonstrated by the study of per capita gasoline consumption in 10 countries. This suggests that as gasoline prices increase, people tend to consume less gasoline, likely due to the increased cost.Based on the information provided, the study indicates that higher gasoline prices result in lower consumption of gasoline. This suggests that consumers are sensitive to the price of gasoline and may reduce their consumption when the price is higher. Option A) is contradicted by this information, as it suggests that there is no relationship between gasoline prices and consumption. Option C) is also contradicted by the information, as it suggests that higher prices actually increase consumption, which is not supported by the study. Option D) may or may not be true, but it is not supported by the information provided in the question.
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According to the given information, the study of the per capita consumption of gasoline in 10 countries suggests that there is a relationship between gasoline prices and consumption. Specifically, option B states that higher gasoline prices result in lower consumption of gasoline, which appears to be the most likely scenario based on economic theory.
When the price of a good, such as gasoline, increases, consumers tend to look for substitutes or cut back on consumption. In this case, higher gasoline prices would incentivize people to drive less, use public transportation more, or purchase more fuel-efficient vehicles. Therefore, it is reasonable to assume that countries with higher gasoline prices would have lower per capita consumption than those with lower prices. Option A suggests that the consumption of gasoline is not related to its price, which contradicts economic theory and empirical evidence. Option C suggests that higher gasoline prices actually increase consumption, which is unlikely given the inverse relationship between price and quantity demanded. Option D suggests that the relationship between price and consumption varies across countries, which may be possible, but without further information, it is difficult to determine why some countries are more affected by price changes than others. Overall, the most plausible conclusion from the given information is that higher gasoline prices result in lower consumption of gasoline, which has important implications for energy policy and environmental sustainability.
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What can a boosted post help an advertiser achieve?
A boosted post helps an adviser to connect with the audience and gain trust.
Boosted post is a kind of post that is used on social media platforms in order to enhance the page of the platform and to attract audience to the page. Boosted post can help better communication with the audience along with the increase in a greater number of messages, calls and texts. Boosted posts help for better advertisements of the product. For example, A Chocolate brand may use Boosted posts to gain audience as well as consumers. Boosted posts helps an adviser to be discovered among people, to establish a benchmark in the market and to gain more and more customers. It's a kind of marketing strategy used for publicity purpose.
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air transport is not dense in
Answer:
La niebla
Explanation
Answer:
Stratosphere
Explanation:
Required information Skip to question [The following information applies to the questions displayed below.] Allied Merchandisers was organized on May 1. Macy Company is a major customer (buyer) of Allied (seller) products. May 3 Allied made its first and only purchase of inventory for the period on May 3 for 1,000 units at a price of $10 cash per unit (for a total cost of $10,000). May 5 Allied sold 500 of the units in inventory for $14 per unit (invoice total: $7,000) to Macy Company under credit terms 2/10, n/60. The goods cost Allied $5,000. May 7 Macy returns 50 units because they did not fit the customer’s needs (invoice amount: $700). Allied restores the units, which cost $500, to its inventory. May 8 Macy discovers that 50 units are scuffed but are still of use and, therefore, keeps the units. Allied gives a price reduction (allowance) and credits Macy's accounts receivable for $300 to compensate for the damage. May 15 Allied receives payment from Macy for the amount owed on the May 5 purchase; payment is net of returns, allowances, and any cash discount. Prepare the appropriate journal entries for Macy Company to record each of the May transactions. Macy is a retailer that uses the gross method and a perpetual inventory system; it purchases these units for resale. (If no entry is required for a transaction/event, select "No journal
To record the receipt of payment from Macy Company, net of returns, allowances, and any cash discount.
Here are the journal entries for Macy Company to record each of the May transactions:
May 5:
Accounts Receivable 7,000
Sales Revenue 7,000
To record the sale of 500 units to Allied Merchandisers on credit.
Cost of Goods Sold 5,000
Inventory 5,000
To record the cost of the goods sold to Allied Merchandisers.
May 7:
Sales Returns and Allowances 700
Accounts Receivable 700
To record the return of 50 units by Macy Company.
Inventory 500
Cost of Goods Sold 500
To restore the returned units to Allied Merchandisers' inventory.
May 8:
Accounts Receivable 300
Sales Returns and Allowances 300
To record the price reduction (allowance) given to Macy Company.
May 15:
Cash X (net amount received)
Accounts Receivable X (gross amount owed)
Sales Discounts X (cash discount)
Sales Returns and Allowances X (returns and allowances)
To record the receipt of payment from Macy Company, net of returns, allowances, and any cash discount.
Note: The specific amounts for cash, sales discounts, and sales returns and allowances would depend on the calculations based on the credit terms and previous transactions.
These journal entries should properly record the transactions for Macy Company based on the information provided.
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What are two disadvantages of paying by automatic payment?
The disadvantage of automatic payments:
If you have to employ your own care and support, you could feel stressed.You might, for instance, be forced to employ personnel while abiding by intricate tax and labour requirements.Digital payment systems offer the benefits of being quicker, safer, simpler to collect, and less expensive for the company. Your company's account payable department can save money on each invoice by integrating electronic payment options into the account payable process.
E-payments' greatest drawbacks include credit card fraud, repudiation of charges, and a lack of identification. The identity of the person entering the information online cannot be confirmed or authenticated. Neither a signature nor even a picture ID are required.
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What is Ethical Leadership Competence?
A. Ability to handle all kinds of moral problems that may arise in an organization
B. Making difficult decisions
C. Ability to apply a System 1 thinking to resolving ethical dilemmas
D. Setting the proper tone at the top
Ethical leadership competence is essential for creating a culture of integrity and accountability in organizations. It requires a combination of knowledge, skills, and abilities, including the ability to handle moral problems, make difficult decisions, apply System 1 thinking, and set the proper tone at the top.
Ethical leadership competence refers to the ability of a leader to effectively manage ethical challenges and dilemmas in an organization. This involves the knowledge, skills, and abilities required to make decisions that align with ethical principles, values, and standards.
One important aspect of ethical leadership competence is the ability to handle all kinds of moral problems that may arise in an organization. This requires a deep understanding of ethical theories and frameworks, as well as the ability to apply them in real-world situations.
Another key component of ethical leadership competence is the ability to make difficult decisions. Ethical leaders must be willing to take a stand for what is right, even if it is not the popular or easy choice. This requires courage, integrity, and a commitment to ethical values.
Ethical leaders also need to be able to apply a System 1 thinking to resolving ethical dilemmas. System 1 thinking involves intuitive, fast, and automatic decision-making, which is often used in situations where time is limited or there is a high degree of uncertainty. Ethical leaders must be able to make quick decisions that are consistent with ethical principles and values.
Finally, ethical leadership competence involves setting the proper tone at the top. Leaders must model ethical behavior and create a culture of integrity and accountability within their organizations. This requires ongoing communication, training, and support for ethical decision-making at all levels of the organization.
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Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated
a bank offers 8.00% on savings accounts. what is the effective annual rate if interest is compounded semi-annually?
The effective annual rate if interest is compounded semi-annually is 8.16%. The effective annual rate is higher than the stated rate of 8.00% due to compounding. Compounding is when interest is earned from previously earned interest. It is like receiving interest on interest. This can be calculated as:
Semi annually = 8.00%/2 = 4.00%
Effective Annual Rate = (1 + 0.04)^2 - 1
Effective Annual Rate = 8.16%
For example, if you deposited $100 into a savings account with an 8.00% interest rate compounded semiannually, you would earn $4.00 in interest after the first six months. In the following six months, you would then earn interest not only on the original $100 deposit, but also on the $4.00 interest earned in the first six months. The effective annual rate of 8.16% takes this compounding into account and is the rate you would actually earn on your money over the course of a year.
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Compared to 1980, service exports in 2017 can best be described as a. decreasing due to more international corporations. b. struggling to flourish based on government restrictions. c. lower than they were in 1980. d. more than thirteen times larger.
Compared to 1980, service exports in 2017 can best be described as d. more than thirteen times larger. In 1980, service exports were worth $128 billion, while in 2017, they had grown to $1.7 trillion. This growth can be attributed to several factors, including advances in technology and transportation, the growth of the global economy, and increased international cooperation.
One of the key drivers of this growth has been the rise of international corporations, which have expanded their operations and services across borders. These corporations have been able to leverage their scale and expertise to offer a wide range of services to customers around the world, from financial services to consulting and logistics.
Another important factor has been the easing of government restrictions on trade in services. Many countries have liberalized their trade policies, allowing for greater cross-border flows of services. This has enabled companies to tap into new markets and offer their services to a broader range of customers.
Overall, the growth of service exports has been a positive trend, contributing to greater economic growth and prosperity around the world. However, there are also challenges associated with this growth, including the need to ensure that workers are protected and that the benefits of trade are shared more equitably. As such, policymakers will need to continue to monitor and manage the growth of service exports to ensure that it benefits everyone in the global economy.
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The ledger of Skysong, Inc. on March 31 of the current year includes the selected accounts below before adjusting entries have been prepared.
Answer: See Image Below
The adjusting entries for Skysong, Inc. for March is prepared from the given selected accounts before adjusting entries have been prepared.
What are adjusting entries?Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.
The adjusting entries are as follows:-
No. Date Account Tiles and Explanation Debit Credit
1. March 31 Depreciation expense 756
Accumulated Depreciation expense 756
2. March 31 Unearned Rent revenue 5580
Rent revenue 5580
3. March 31 Interest Expense 360
Interest payable 360
4. March 31 Supplies Expense 1935
Supplies 1935
5. March 31 Insurance Expense 1080
Prepaid Insurance 1080
Therefore, the adjusting entries are prepared on March 31.
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when a business takes advantage of a price differential for a product between two countries by purchasing the product in the country where the price is lower and then selling it in the country where the prices are higher, it demonstrates the concept of
Arbitrage refers to purchase an asset in one market with an intention to sell the same in another market thereby gaining on difference in price. Profit represents the difference in the market prices of the product in different countries.
So, arbitrage occurs when business take advantage of price differentials of product between two countries. Predatory pricing is setting the prices of products at a very low level forcing the competitors to leave the market.
Experience curve pricing is again setting price below average cost in expectation that increase in production experience will reduce cost eventually. Speculation is investing on expectation of rise in price in future.
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drop the name of a person you want a follow back from on Instagram .
drop names and keep it going of the person of your choice and you get a follow back at the strike of midnight .
Answer:
addison rae lol because i need a bad bleep hahaha
Explanation:
Answer:
cardi b because I want to know how to get the Wap lol
Bramble corporation is a small wholesaler of gourmet food products. data regarding the store's operations follow:
sales are budgeted at $270,000 for november, $250,000 for december, and $240,000 for january.
collections are expected to be 50% in the month of sale and 50% in the month following the sale.
the cost of goods sold is 75% of sales.
the company would like to maintain ending merchandise inventories equal to 65% of the next month's cost of goods sold. payment for merchandise is made in the month following the purchase.
other monthly expenses to be paid in cash are $23,300.
monthly depreciation is $14,300.
ignore taxes.
Using the subtraction operator, the difference between cash receipt and cash disbursement for December would be $67,400
Cash Receipts for December :
$(440,000 × 0.45) + $($460,000 × 0.55)
$198000 + $253000
= $451,000
Cash Disbursement for December :
Purchases + Other monthly expenses
($460,000 × 0.80) + ($440,000 × 0.80 × 0.60) - ($460,000 × 0.80 × 0.60) + $25200
= $383,600
Difference = Cash receipt - Cash disbursement
Difference = $451,000 - $383,600
= $64,700
Hence, difference in receipt and disbursement on December is $64,700
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Auditors may choose not to confirm accounts payable because:
The auditor may choose not to check the liability as other reliable external evidence is likely available to support the balance.
What is an auditor?An auditor is a person who verifies the accuracy of recorded commercial transactions. Auditors need to confirm that the processes are working as planned and that the financial statements prepared by the organization fairly reflect its operations and financial results. They mainly deal with statutory audits.
It examines the company's financial records and accompanying financial report presentations. This person can also independently analyze various processes within the company and assess the level of corporate governance. Internal auditors report their findings and suggestions for improvement to the Board of Directors.
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Lexi was on target in terms of her financial plan when her basement flooded due to an intense rainfall. Which type of financial risk derailed Lexi’s plans?
A. income risk
B. interest rate risk
C. personal risk
D. inflation risk
Answer:
C, "Personal risk"
Explanation:
Gradpoint
Employees should be included in deciding cost control strategies.
True
False
Choose the example that shows a markup on cost of higher than 100% ? Cost =$100; Selling Price =$220
Cost =$100; Selling Price =$120
Cost =$100; Expenses =$20; Profit =$80
Cost =$120; Markup =$100
The example that shows a markup on the cost of higher than 100% is Cost = $100; Selling Price = $220.
The example that shows a markup on the cost of higher than 100% is:
Cost = $100;
Selling Price = $220.
When the cost is $100, and the selling price is $220, the markup is calculated as follows:
Markup = Selling Price - Cost= $220 - $100 = $120
The percentage markup can be calculated as:
Percentage Markup = (Markup / Cost) × 100
= (120 / 100) × 100
= 120%
Therefore, the example that shows a markup on the cost of higher than 100% is Cost = $100; Selling Price = $220.
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the standard materials cost to produce 1 unit of product r is 7 pounds of material at a standard price of $51 per pound. in manufacturing 7,000 units, 48,000 pounds of material were used at a cost of $52 per pound. what is the total direct materials variance?
To calculate the total direct materials variance, we need to compare the actual cost of materials used to the standard cost of materials allowed for the production of 7,000 units of product R.
The standard cost of materials to produce 7,000 units of product R can be calculated as follows:
7 pounds of material per unit x 7,000 units = 49,000 pounds of material
49,000 pounds of material x $51 per pound = $2,499,000
Therefore, the standard cost of materials to produce 7,000 units of product R is $2,499,000.
The actual cost of materials used to produce 7,000 units of product R is:
48,000 pounds of material x $52 per pound = $2,496,000
To calculate the total direct materials variance, we subtract the standard cost of materials from the actual cost of materials:
Total Direct Materials Variance = Actual Cost of Materials Used – Standard Cost of Materials Allowed
Total Direct Materials Variance = $2,496,000 - $2,499,000
Total Direct Materials Variance = -$3,000
A negative variance indicates that the actual cost of materials used was higher than the standard cost of materials allowed. In this case,
the total direct materials variance is -$3,000, indicating that the actual cost of materials used was $3,000 higher than the standard cost of materials allowed.
This could be due to factors such as higher than expected material prices or inefficiencies in the production process leading to higher material usage.
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Price/Earnings Ratio Reno Revolvers has an EPS of $1.70, a free cash flow per share of $3.80, and a price/free cash flow ratio of 7.0. What is its P/E ratio? Do not round intermediate calculations. Ro
Price/Earnings Ratio Reno Revolvers is a company that designs and manufactures a variety of firearms for hunting and defense purposes.
This company has an earnings per share (EPS) of 1.70, a free cash flow per share of 3.80, and a price-to-free cash flow ratio of 7.0.We can calculate the company's price-to-earnings ratio (P/E) using the formula.
P/E ratio = Share price / EPS We don't know the share price, but we can find it by using the price-to-free cash flow ratio and the free cash flow per share.
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Question 7 of 70
What Remarketing audiences cannot be defined by default?
Users who played a video on a website
Users who visited a specific page on a website
Users who speak a particular language
Users who visited a physical store
The remarketing audiences that cannot be defined by default are users who visited a physical store. Therefore, the correct option is option 4.
The reason is that online remarketing tools typically track user behavior and interactions on a website or app, but they cannot automatically track offline activities such as visiting a physical store. Hence, they do not have access to this information by default and it cannot track offline behavior.
Therefore, if you want to create remarketing audiences based on these criteria, you need to manually upload the data to these tools to track and collect the necessary information. In contrast, the other options involve online user behaviors that can be tracked and defined by default for remarketing purposes. Hence, the correct answer is option 4: Users who visited a physical store.
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The local smoothie shop lowers their price on all fruit smoothies. Was this a change in demand or change in quantity demanded?
a
no change
b
change in demand
c
change in quantity demanded
d
change in both
A. There was no change in demand or quantity
_______ is effective for sharing routine information
Information sharing is effective for sharing the routine information.
What is Information sharing?Information sharing describes the exchange of information between various businesses, individuals, and technological platforms. Widely dispersed networks, intranets, cross-platform interoperability, application porting, and IP protocol standardization have all dramatically accelerated the sharing of information globally. However, the majority of countries have laws that prohibit transmitting personal information without explicit authorization, regardless of how easy the data transfer itself may be. In the United States and Europe, it is against the law to share a person's personal information without that person's express agreement. Information sharing is expanding as more networks and organizations connect up and it becomes easier to share information online. There are numerous additional forms of information sharing that are not illegal.
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What is the difference between a Pyramid Scheme and a Multi-Level Marketing (MLM) company?
a
A pyamid scheme is legal whereas a MLM company is illegal
b
A pyramid scheme does not sell a product whereas a MLM company does
c
A pyramid scheme sells an actual product whereas a MLM company does not
d
There is no difference between a pyramid scheme and a MLM
What is the function of a ledger?
record only cash payments
record only credit payments
record and consolidate all financial transactions
record only sales
Answer:
Record and consolidate all financial transactions.
Explanation:
A ledger is a book that contains a record of all the transactions made- be it credit or withdrawals/ expenses. It is a book that maintains a record of any form of transaction that was ever done by a person or company.
It can also be a computer folder where the same record is made. The main point of maintaining a ledger is to keep track of, record, and also "make" solid evidence or proof of the transactions ever done. Thus, the function of a ledger is to record and consolidate all financial transactions ever done.
if the cross price elasticity of demand between two goods is negative, then the two goods are independent. complements. unrelated. substitutes.
If the cross price elasticity of demand between two goods is negative, it indicates that the two goods are complements, meaning an increase in the price of one good leads to a decrease in the demand for the other.
The cross price elasticity of demand measures the responsiveness of the quantity demanded of one good to a change in the price of another good. If the cross price elasticity of demand is negative, it indicates that the two goods are complements.
Complementary goods are products that are typically consumed together or used in conjunction with each other. For example, coffee and creamer, or smartphones and mobile data plans. When the price of one complement rises, consumers tend to reduce their demand for that particular good. Consequently, this decrease in demand for one product leads to a decrease in the demand for the complementary good as well.
The negative cross price elasticity reflects the inverse relationship between the prices and quantities demanded of the two goods. As the price of one complement increases, consumers may find it less affordable or less attractive, resulting in a decrease in the quantity demanded of that good and, subsequently, a decrease in the quantity demanded of its complementary good.
Understanding the cross price elasticity of demand is crucial for businesses to determine the impact of price changes on the demand for their products and the potential effect on related goods in the market.
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Why is it important to have insurance?
It's important to have insurance so people can
protect themselves from losing a lot of money in
the event of an unpredictable event or something
happens to them or their property.
So individuals can defend against the possibility of
financial loss due to unpredictable event
So people can engage in risky behavior without
financial consequences
A and B
It's important to have insurance so people can protect themselves from losing a lot of money in the event of an unpredictable event or something that happens to them or their property. So individuals can defend against the possibility of financial loss due to unpredictable events. The correct options are a and b.
What is insurance?Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury.
It is a form of risk management, primarily used to hedge against the risk of a contingent or uncertain loss.
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Which of the following is an example of human resources planning?
A. An employee complains to his manager that he is being asked to
work too many hours.
B. An HR manager talks with department managers to determine
which workers are needed,
C. Two workers disagree with each other about the sufficiency of the
benefits the HR department offers,
D. A CEO talks with the HR manager about the value of the company
and decides that it needs to grow.
SUBMIT
Answer:
B. An HR manager talks with department managers to determine which workers are needed,
which word best describes the writing process in business writing ?
Answer: Brainstorm Pre-write. Write rough draft. Peer-review. Revise ideas. Edit Publish Establish constructive purposes for student writing. Find real audiences, beyond the teacher, for students' writing
If someone was not intending on keeping a budget, what would you say to them to
convince them that they should?
REC
If someone is not keeping a budget, I would tell them that they would end up overspending money and may not have savings at the end of the day.
If someone was not intending on keeping a budget, what would you say to them to convince them that they should?Here are a few points that could convince someone to start keeping a budget:
Gain control of finances: Budgeting allows an individual to track their spending and better manage their money.
Avoid overspending: A budget can help prevent impulsive or unnecessary spending and ensure that money is being allocated towards important expenses.
Reach financial goals: Budgeting allows for setting and prioritizing financial goals, and tracking progress towards achieving them.
Reduce stress: By having a clear understanding of their financial situation, budgeting can reduce financial stress and provide peace of mind.
Make informed financial decisions: Budgeting provides a complete picture of an individual's financial situation, allowing for more informed and strategic financial decisions.
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What is a 401 (k) retirement plan? I NEED HELP:(
Answer:
-an employer sponsored retirement plan that allows a worker to save for retirement while deffering income taxes on the saved money or earnings until withdrawal.
Explanation:
just cause homie
A 401(k) retirement plan is a retirement plan sponsored by the employer where he or she deducts a small percentage of the gross pay of the employee.
What is the significance of the 401(k) retirement plan?A 401(k) retirement plan can be referred to or considered as a plan where the employer contributes a fixed and a small proportion from the gross pay of the employee until the time he or she serves to the company of the employer.
An employee is free from paying any kind of taxation amount over the monies he or she has saved in a 401(k) retirement plan. However, the taxation is not a liability only until the employee makes a withdrawal.
Therefore, the significance regarding a 401(k) retirement plan has been aforementioned.
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