If a company receives $11,100 from the owner to establish a proprietorship, the effect on the accounting equation would be:_____.
A. Assets decrease $11,100 and equity decreases $11,100.
B. Assets increase $11,100 and liabilities decrease $11,100.
C. Assets increase $11,100 and liabilities increase $11,100.
D. Liabilities increase $11,100 and equity decreases $11,100.
E. Assets increase $11,100 and equity increases $11,100.

Answers

Answer 1

Answer:

E

Explanation:

Answer 2

If a company receives $11,100 from the owner to establish a proprietorship, the effect on the accounting equation would be assets increase $11,100 and equity increases $11,100. Thus, option (e) is correct.

What is company?

The term "company" refers to legal entities that are lawfully registered under the Company Act. The company's major goal is to increase profits while maintaining goodwill. With the assistance of management, the organization was flawlessly run. Employees are compensated by the company.

According to the provided statement, the company receives $11,100, and the operator is a proprietorship, and the financial entry is based on the general journal. There was an increase in assets of $11,100 and an increase in equity of $11,100. The value of the industry's asset increased.

As a result, the Therefore, option (e) is correct.

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Related Questions

Which of the following best explains what a futures contract is?
a. a contract preventing the future sale or exchange of a particular good
b. a contract limiting the future liability of one set of partners if a business fails
c. a contract setting the price for the exchange of two foreign currencies
d. a contract setting the price and date for a commodity purchase

Answers

Answer:

d. a contract setting the price and date for a commodity purchase

Baxter Bakers is trying to decide whether it should keep its existing bread-making machine or purchase a new one that has technological advantages (which translate into cost savings) over the existing machine. Information on each machine follows: Old machine New machine Original cost $10,000 $25,000 Accumulated depreciation 6,000 0 Annual cash operating costs 9,500 5,000 Current salvage value of old machine 2,500 Salvage value in 10 years 650 1,200 Remaining life 12 yrs 12 yrs Refer to Baxter Bakers. The $10,000 cost of the original machine represents a(n)

Answers

Based on the type of cost that the original cost of the machine is, we can say that it represents a sunk cost.

What is a sunk cost?

This is a cost that a business has already incurred as regards a certain investment or asset. This cost cannot be recovered and so should not have any weight on future decisions made.

The original cost of the existing machine of $10,000, is a sunk cost because the company has already incurred it and cannot recover it.

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You are a manager of the Sweatshirt department at Trends, a clothing manufacturer. Trends plan to produce 25,000 sweatshirts. The sweatshirts will be sold to stores for 16$ each. The cost of manufacturing and marketing each sweatshirt is 10$. How many sweatshirts need to be sold for the company to reach break-even point?

Answers

Answer:

25,000 sweatshirts Sold in stores( markup) : $16 Raw expenses: $10So you have to reach a break even point 10×25000= $250,00016 × 25000= 400,000Hence to break even they must sell at the very least half of their inventory.

Answer: 25,000 sweatshirts

Sold in stores( markup) : $16

Raw expenses: $10

So you have to reach a break even point

10×25000= $250,000

16 × 25000= 400,000

Hence to break even they must sell at the very least half of their inventory.

The units of an item available for sale during the year were as follows:
Jan. 1 Inventory 1,000 units at $120
Feb. 17 Purchases 1,375 units at $128
July 21 Purchases 1,500 units at $136
Nov. 23 Purchases 1,125 units at $140
There are 1,200 units of the item in the physical inventory at December 31. The Inventony periodic inventory system is used.
a. Determine the inventory cost by the first-in, first-out method.
b. Determine the inventory cost by the last-in, first-out method.
c. Determine the inventory cost by the weighted average cost method.

Answers

Answer:

                             FIFO            LIFO              Weighted Average

Inventory cost =  $167,700      $145,600     $157,800

Explanation:

a) Data and Calculations:

Jan. 1       Inventory     1,000 units at $120  $120,000     $120,000

Feb. 17    Purchases    1,375 units at $128     176,000      296,000

July 21    Purchases    1,500 units at $136    204,000      500,000

Nov. 23  Purchases     1,125 units at $140     157,500      657,500

Dec. 31   Total units   5,000                        $657,500

Dec. 31   Inventory      1,200

Dec. 31   Units sold    3,800

Inventory cost by:

FIFO ( first-in, first-out method)

July 21    Purchases         75 units at $136  $10,200

Nov. 23  Purchases     1,125 units at $140   157,500

Dec. 31   Inventory      1,200                       $167,700

LIFO (last-in, first-out method)

Jan. 1       Inventory     1,000 units at $120   $120,000

Feb. 17    Purchases      200 units at $128      25,600

Dec. 31   Inventory      1,200                       $145,600

Weighted-Average Cost Method

Total cost of goods available/Total units available  for sale

= $657,500/5,000

= $131.50 per unit

Inventory cost = $157,800 ($131.50 * 1,200)

B2B marketing requires a special, unique set?​

Answers

Take a position: Business-to-business marketing requires a special, unique set of marketing concepts and principles. ... B2B company demands for sophisticated sales management and an educated, knowledgeable, trained staff whose words and actions can have strong influence in the B2B buyers.

what is your analysis on walmart financial health as of january 2021 compare to 2022

Answers

Absolutely horrible In my opinion
I think the analysis is good compared to the year of 2021

When you create a shape, additional
options will become
available when you select that shape in your document. *
a. layout
b. saving
c. editing
d. formatting

Answers

Answer:

formatting or editing because that is where you can change how something is placed or appears in the document.

Case Study
Sovrano Café is considering a major expansion of its business. The details of
the proposed expansion project are summarized below:
- The company will have to purchase $950,000 equipment, that require
installation cost and transportation cost equal $100,000.
- The project has an economic life of 5 years.
- The cost can be depreciated using straight line method.
- At t = 0, the project requires that working capital will increase by $200,000
- The project’s salvage value at the end of 5 years is expected to be $60,000.
- The company forecasts that the project will generate $725,000 in sales the
first 2 years and $650,000 in sales during the last 3 years
- Each year the project’s operating cost excluding depreciation is expected to
be 50% of sales revenue.
- The company’s tax rate is 40%
- The company already pays marketing expenses equal 80,000.
- The project’s cost of capital is 10%

What do you recommend?

Answers

Based on the analysis of the cash flows, the expansion project seems feasible as it has a positive NPV of $142,919.49, and a profitability index of 1.15, indicating that the project will generate value for Sovrano Café and its shareholders.

To arrive at this conclusion, we first calculated the cash flows for the project, which included the initial investment, operating cash flows, salvage value, and tax savings from depreciation. We then discounted these cash flows using the project's cost of capital to calculate the net present value (NPV) and profitability index (PI).

The NPV of $142,919.49 suggests that the project's expected cash inflows exceed its expected cash outflows, taking into account the time value of money. The PI of 1.15 further supports the conclusion that the project will generate value for the company, as a PI greater than 1 indicates that the present value of the project's expected cash inflows exceeds the present value of its expected cash outflows.

Therefore, based on the financial analysis, it is recommended that Sovrano Café move forward with the proposed expansion project.

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Which of the following could be sources of friction in a barter economy? a. Determining purity of gold bullion b. Coincidence of wants c. Lack of uniform pricing d. Impossible to extend credi

Answers

Option B. In a barter economy, two parties exchange goods or services directly with each other, without the use of money.

A barter economy requires a coincidence of wants, which means that both parties must have what the other party wants and wants what the other party has. If this coincidence does not exist, then a trade cannot be made. This creates friction in a barter economy as it may be difficult to find a trade partner with the desired goods or services.

Determining the purity of gold bullion refers to a potential issue with the quality of a traded good, but it is not a source of friction in a barter economy.Lack of uniform pricing refers to the difficulty of determining the value of goods and services in a barter economy, but it is not a source of friction.Impossible to extend credit refers to the lack of a lending and borrowing system in a barter economy, but it is not a source of friction.

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Which of the following could be sources of friction in a barter economy?

a. Determining purity of gold bullion

b. Coincidence of wants

c. Lack of uniform pricing

d. Impossible to extend credit

The main difference between value at risk and stress testing is?

Answers

Answer:

Stress tests are risk management tools widely used by both institutional investment managers and regulatory authorities. ... Value at Risk calculates the worst case loss over a given time period that won't be exceeded with a given level of confidence.

Answer:

do u have risk at any work or stress in your work?

The topic sentence in each step of a process analysis should identify?

Answers

The topic sentence in each step of a process analysis should identify the reason for doing the step. The correct option is C.

What is the main function of a process analysis essay?

A process analysis essay explains how to carry out a task or how a process operates. The steps for writing a process analysis essay are the same regardless of the situation. The procedure is broken down into distinct, definite steps. A step-by-step process is used in almost everything writers do.

Product analysis is carried out as part of the Define Scope process to produce a comprehensive scope at the end. The goals and description of the product as stated by the client or sponsor are examined during the product analysis process. It is anticipated that analysis will lead to concrete project deliverables.

Thus, the ideal selection is option C.

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Your Question seems incomplete, most probably your complete question was:

The topic sentence in each step of a process analysis should identify:

a

the outcome of the step

b

the final product

c

the reason for doing the step

d

pitfalls of the step

Remember not to use tools that are blank in any way

Answers

Remember not to use tools that are D. broken in any way.

Why are tools used ?

Any instrument or basic piece of equipment that you hold in your hands and use to perform a specific type of job can be referred to as a tool. Tools include things like spades, hammers, knives, etc.

Any object used to accomplish a task can be referred to as a tool. Equipment typically refers to a collection of tools used to accomplish a particular task. However, it is important to keep in mind that you should never utilize items that are broken in any way before using them.

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Options for this question include:

Clean FurryDirtyBroken

if the marginal propensity to consume is 0.8 , an increase of $20,000 in government spending will change the real gross domestic product by a maximum of responses $16,000 $16,000 $20,000 $20,000 $80,000 $80,000 $100,000 $100,000 $120,000

Answers

In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise.

What is the meaning of marginal propensity?

The percentage of an overall salary increase that a customer spends on purchasing goods and services rather than saving is known as the marginal propensity to consume (MPC) in economics.

By dividing the changes in consumer spending (C) by the change in disposable income (I), the MPC formula is created. The formula for the marginal propensity to consume is (C1 - C0) / (I1 - I0), where C0 is the initial amount spent by consumers.

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True or false: a business often has to pay taxes based on its inventory

Answers

False. A business does not usually have to pay taxes based on its inventory directly. Taxes on inventory are not typically levied as a standalone tax. Instead, businesses are generally required to pay taxes on their income or profits, which may be influenced by the value of their inventory.

When calculating income or profit, businesses may consider the cost of goods sold (COGS), which includes the expenses associated with producing or acquiring the inventory. By deducting the COGS from the revenue generated from sales, the taxable income or profit is determined.

In some cases, businesses may be subject to specific taxes related to inventory, such as property taxes or excise taxes on certain types of goods. However, these taxes are not solely based on the inventory itself but rather on factors such as the value or type of inventory.

Overall, taxes paid by a business are typically based on factors beyond inventory, such as income, profits, or specific tax regulations applicable to the business and its operations.

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Which statement is true regarding monopolistic competition?

Answers

Answer:

AR>MR

--------------------------------------

WHERE ARE THE OPTIONS.

what are the consequences on the auditor if he auditor fails to report information??​

Answers

Answer: Audit failures are routinely implicated with loss deposits, loss of employments and loss of livelihoods of individuals.

Explanation: Example of audit failures and its effects to individuals: The damage done to people's lives by audit failures is well documented

this might be helpful for you ..

what are the consequences on the auditor if he auditor fails to report information??
what are the consequences on the auditor if he auditor fails to report information??
what are the consequences on the auditor if he auditor fails to report information??

Which type of car insurance policy usually has the highest premium?

Which type of car insurance policy usually has the highest premium?

Answers

Comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.

Comprehensive car insurance is an optional coverage that provides protection against damage to your vehicle from various risks such as theft, vandalism, fire, and natural disasters. It also covers damages to your car from collisions with animals. Comprehensive car insurance provides broader coverage than liability insurance, including damage to both other people and property and your own car, making it more expensive.

Therefore, comprehensive car insurance policy usually has the highest premium among all the other types of car insurance policies. Hence the correct answer is A.

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The best way for a sophomore man to start-up

Answers

Just jump right into it

A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $21,832 representing a loss of $3,248. Determine the amount that would appear in the operating activities section of the statement of cash flows based on this transaction.

Answers

In the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income.

In the indirect method of preparing the statement of cash flows, the operating activities section includes adjustments to net income for non-cash items and changes in working capital. The sale of a fixed asset and the loss incurred from it are both non-cash items that need to be considered.

Since the loss from the sale of the fixed asset is $3,248, this loss is added back to the net income when calculating the operating activities section. This is because the loss is a non-cash expense and does not represent an actual outflow of cash.

Therefore, in the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income. This adjustment would increase the net income by $3,248 in the operating activities section, reflecting that the loss from the sale of the fixed asset does not affect the cash generated or used by the operating activities of the corporation.

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Find the median and mean of the data set below:
Median =
Tr I
11, 6, 37, 34, 7
Mean =

Answers

The answer is median and mode

How to Find the mean and median

Add up all data values to get the sumCount the number of values in your data setDivide the sum by the countThe mean is the same as the average value in a data set.The median x˜ is the data value separating the upper half of a data set from the lower half.Arrange data values from lowest to highest valueThe median is the data value in the middle of the setIf there are 2 data values in the middle the median is the mean of those 2 values.Median ExampleFor the data set 1, 1, 2, 5, 6, 6, 9 the median is 5.For the data set 1, 1, 2, 6, 6, 9 the median is 4. Take the mean of 2 and 6 or, (2+6)/2 = 4.

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Which of the following statements regarding the differences between managerial accounting applications for manufacturing and service companies is not true?

a. Overhead is an indirect cost incurred in serving customers in a service company.
b. Labor may be a direct cost to customers for a service firm.
c. Service companies require a physical production site.
d. Service companies may use cost of services on the income statement rather than cost of goods sold.

Answers

Answer:

Option C) Service companies require a physical production site is not a true statement.

Explanation:

Service companies require a physical production site is not a true statement.This is because service companies are engaged in providing service to their customers/clients.Providing services does not require a physical production site, because no production is generally involved in relation to the rendering of the services.

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Which choice is an example of opportunity cost?

Answers

You have $20,000 that you are considering using to either buy shares of a particular company or to use to further your education at a reputable university.

The opportunity cost of investing in stocks would be higher degrees and a higher salary due to the degree. However, your opportunity cost would be the profit generated from those shares if you invested to a greater extent.

The cost of missed opportunities is the benefit that could have been obtained from an alternative that was not selected. In order to conduct an accurate analysis of opportunity costs, it is necessary to take each of the available choices' advantages and disadvantages into account and compare them to one another. Taking into account the value of opportunity costs can direct individuals and organisations toward decision-making that is more profitable. The opportunity cost is not included in the accounting profit and is omitted from external financial reporting since it is a purely internal cost that is utilised for the purpose of strategic consideration.

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tại sao starbuck chọn tp HCM đầu tiên

Answers

Answer:

of the three other members who have submitted their report on 6th century

Regardless of the career you want to pursue, you can still get the _____ necessary to achieve success.


test

aptitude

money

help

Answers

Aptitude would be the answer (:

If you bet you're credit card and you're in debt does that mean the other person have to pay it off?

Answers

Answer: you put it in their name. yes but if you just give it off then no

Explanation:

Adirondack Marketing Inc. manufactures two products, A and B. Presently, the company uses a single plantwide factory overhead rate for allocating overhead to products. However, management is considering moving to a multiple department rate system for allocating overhead. Overhead Total Direct Labor Hours DLH per Product A B Painting Dept. $251,700 10,200 9 5 Finishing Dept. 61,700 11,900 5 6 Totals $313,400 22,100 14 11 Using a single plantwide rate, the factory overhead allocated per unit of Product A in the Painting Department is a.$127.62 per unit b.$14.18 per unit c.$616.91 per unit d.$222.09 per unit

Answers

Adirondack Marketing Inc.'s Factory Overhead per unit of Product A is d. $222.09 per unit.

Data and Calculations:

Overhead             Total       Direct Labor Hours  DLH per Product

                                                                              A                 B

Painting Dept.      $251,700     10,200                 9                 5

Finishing Dept.         61,700      11,900                 5                 6

Totals                   $313,400     22,100                14                 11

The overhead rate for a unit of Product A in the Painting Department = Total overhead in the Painting Department divided by Direct Labor Hours, multiplied by direct labor hours per unit of Product A.

= $222.09 ($251,700/10,200 x 9)

Thus, for a unit of Product A, the overhead rate in the Painting Department is $222.09.

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Answer the following questions:
1. What is the lift when 20% of the customers are targeted by the company?
2. What is the lift when 60% of the customers are targeted by the company?
3. What is the overall accuracy of the Naïve Bayes model?
4. How many false positives does the model generate? What does that mean?
5. How many false negatives does the model generate? What does that mean?
6. What is the recall of the model?
7. What is the precision of the model?
8. What is the F-measure of the model?
9. Based on your answers to questions 3-8, comment on the overall performance of the model.

Answers

1 and 2- Without additional information about the data and the model used, it is impossible to answer questions 1 and 2 with certainty.

3-  The overall accuracy of the Naïve Bayes model can be calculated by dividing the number of correct predictions by the total number of predictions.

4 and 5- Refer to false positives and false negatives.

6,7 and 8- Refer to different measures of the model's performance.

9- If the overall accuracy is high and the false positive and false negative rates are low, that suggests that the model is performing well.

To answer the first two questions, we need to know what is meant by "lift." Lift refers to the increase in response rate compared to a baseline response rate. In this case, it likely refers to the increase in the likelihood of a customer responding to the company's targeted marketing efforts compared to if they were not targeted at all.  Without additional information about the data and the model used, it is impossible to answer questions 1 and 2 with certainty. However, we can say that the lift will likely be higher when more customers are targeted, as there will be more opportunities for the marketing efforts to be effective.

Moving on to question 3, the overall accuracy of the Naïve Bayes model can be calculated by dividing the number of correct predictions by the total number of predictions.  Questions 4 and 5 refer to false positives and false negatives. A false positive occurs when the model predicts a positive outcome (such as a customer responding to the marketing efforts) but the actual outcome is negative. A false negative occurs when the model predicts a negative outcome (such as a customer not responding to the marketing efforts) but the actual outcome is positive.

Questions 6-8 refer to different measures of the model's performance. Recall measures the proportion of actual positives that were correctly identified by the model. Precision measures the proportion of predicted positives that were actually positive. F-measure is a weighted average of recall and precision, giving equal importance to both measures.  

Based on the answers to questions 3-8, we can assess the overall performance of the model. If the overall accuracy is high and the false positive and false negative rates are low, that suggests that the model is performing well. High recall and precision scores also indicate good performance. The F-measure takes both recall and precision into account, so a high F-measure is a good sign.

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29.
An operation was closed because of an extended electricity failure. When can it
begin service again?

Answers

It can begin service again approval is obtained from the regulatory authority.

When can service start

The duration for an organization to recommence its services after enduring a foremost electricity malfunction relies on several elements, such as the character of the operation, the magnitude of destruction caused by the power cut-off, as well as the accessibility of supplies requisite to renew operations.

For instance, if the establishment is a minor retail outlet, it can possibly resume working once the power source is restituted and various necessary safeguards have been established. Conversely, if the business is a major production concern or informatics server, it could take longer to reinstate tasks due to the meticulously intricate facilities and networks entailed.

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The debits to Work in Process--Assembly Department for April, together with data concerning production, are as follows:
April 1, work in process:
Materials cost, 3,000 units $7,500
Conversion costs, 3,000 units,
80% completed 6,000
Materials added during April, 10,000 units 29,000
Conversion costs during April 35,000
Goods finished during April, 11,500 units ---
April 30 work in process, 1,500 units,
60% completed ---All direct materials are placed in process at the beginning of the process and theaverage cost methodis used to cost inventories.The materials cost per equivalent unit (to the nearest cent) for April is:
a. $2.60
b. $3.02
c. $2.26
d. $2.81

Answers

Answer:

d. $2.81

Explanation:

Beginning WIP                                 3,000 units

Add: Material added during April  10,000 units

Total Material                                   13,000 units

Less: Ending WIP                             1,500 units

Goods Finished during April         11,500 units

Goods finished during April           11,500 units

Add: Ending WIP                             1,500 units

(1,500 x 100%)

Equivalent units                              13,000 units

Material Cost

Beginning WIP                               $7,500

Add: Cost added during April       $29,000

Total material costs A                  $36,500

Total equivalent units B                13,000 units

Direct Material cost   (A/B)          $2.81          

per Equivalent Unit

What are the common barriers to communication?

Answers

(The answer is )(you’re welcome)
What are the common barriers to communication?
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