mackenzie company sold $640 of merchandise to a customer who used a regional bank credit card. regional bank charges a 2.0% fee for sales on its credit cards. the journal entry to record this sales transaction would be: multiple choice debit cash of $640 and credit sales $640. debit cash of $640 and credit accounts receivable $640. debit accounts receivable $640 and credit sales $640. debit cash $627.20; debit credit card expense $12.80 and credit sales $640. debit cash $627.20 and credit sales $627.20.\

The total amount of advanced premium tax credit that Cynthia received in 2021 is $1,800.

The premium tax credit, or PTC, is a refundable benefit that aids qualified people and families in paying for the premiums of their health insurance plans obtained via the Health Insurance Marketplace. Based on the premium paid by the insured, German legislation establishes an insurance premium tax. This includes any additional charges, such as those for drafting. In accordance with the date the insurance premium is paid, the IPT is assessed to the policyholder. how much money you shell out each month for health insurance. Regularly, you must also pay a deductible, copayments, and coinsurance on top of your premium in order to receive medical care.

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Answer:

Prospecting is a search for mineral deposits in a place, especially by means of experimental drilling and excavation.

I hope this helps you!

Explanation:

Answer:

$3,006

Explanation:

Bond issue = $97,000

Interest rate = 8%

Bond value sold = $101,370

Time period 5 years

N.B The premium will have to be to be discounted from the interest expense because Franklin corporation sold the bond at a value higher than the face value i.e premium value.

Therefore;

Coupon = $97,000 × 8% × 1/2

= $3,880

Amortization of bond premium = ($101,370 - $97,000) /5 years period

= $4,370/5

= $874

Total interest expense

= $3,880 - $874

= $3,006

These errors need to be corrected to ensure the accuracy of the financial statements. An adjustment of $6,000 needs to be made to increase the inventory balance at the end of 2022, an adjustment of $9,000 needs to be made to decrease the inventory balance at the end of 2023, and a journal entry needs to be made to record the inventory purchase of $3,000 in 2023.

Here's a step-by-step explanation to address the errors you've mentioned:

1. Inventory at December 31, 2022, was understated by $6,000:
To correct this error, you need to increase the inventory balance at December 31, 2022, by $6,000. This will also require an adjustment to the retained earnings balance for 2022.

2. Inventory at December 31, 2023, was overstated by $9,000:
To correct this error, you need to decrease the inventory balance at December 31, 2023, by $9,000. This will also require an adjustment to the retained earnings balance for 2023.

3. Inventory purchased for $3,000 on December 31, 2023, was not recorded until paid for in 2024:
To correct this error, you need to record the inventory purchase in the 2023 financial statements. You should debit inventory and credit accounts payable for $3,000 on December 31, 2023. Then, when the payment is made in 2024, you should debit accounts payable and credit cash for $3,000.

By following these steps, you can correct the errors related to the 2022 and 2023 financial statements for the Radiance Company.

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11.16% nominal rate of return did she earn. The nominal rate of return is the amount of money generated by an investment before expenses such as taxes.

Investment fees, and inflation are taken into account. The nominal rate would be 10% if an investment yielded a 10% return. Interest rates can be expressed in two ways: nominally or realistically. The distinction is that nominal interest rates are not adjusted for inflation, whereas real interest rates are. 2 As a result nominal rate are almost always higher, except during rare periods of deflation or negative inflation. The real return on an investment is the amount earned after deducting taxes and inflation.

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Answer:

roth 401K

Explanation:

a.p.e.x.

Roth 401(k) - this exists an employer-sponsored retirement plan that permits employees to set aside money for retirement, where the person pays taxes.

Retirement exists as the withdrawal from one's position or profession or one's active working life. It exists a time when an individual that has been actively engaged in the workforce ceases to work for the rest of his/her life due to progressive age. Many organizations have a specified age at which employees retire. Retirement directs to the time of life when one chooses to always leave the workforce behind. The traditional retirement age stands at 65 in the United States and most other developed countries.

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The weak form of the emh states that All past information, including security price and volume data must be reflected in the current stock price.

The efficient market hypothesis (EMH), also referred to as the efficient market theory, is a theory that holds that share prices accurately reflect all available information, making ongoing alpha generation impractical.

It is impossible for investors to purchase discounted stocks or to sell them at inflated prices, according to the EMH, because equities always trade on exchanges at their fair value.

According to the weak version of the EMH, the current stock price must reflect all past data, including security price and volume information.

Because of this, it should be challenging to outperform the market as a whole through expert stock selection or market timing, and the only way for an investor to see higher returns is to invest in riskier assets.

So, according to the weak form of the EMH, (A) the present stock price must reflect all historical information, such as security price and volume data.

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Answer:

C. Oligopolies

Explanation:

Oligopoly is a market structure dominated by a few big firms sellers serving a large number of buyers. For example, the mobile phone business in the US is a big market buy is dominated by four to six service providers.  In the oligopoly market, the firms could be selling differentiated or identical products. Apart from the main dominating firms, they are other small companies operating in the industry, but their market share is small.

Other characteristics of an oligopoly include

If people deposit $1,000 year until retirement, you must earn an interest rate of 16.8454 each year.

You pay interest on any loans or long - term loans of money. the percentage that lenders use to calculate interest when calculating anything like a loan amount. Customers can earn interest either providing finance (via a mortgage or deposit certificate, for example), or by making a deposit into a bank account that pays interest.

Rate = Annual Interest Rate (nper,pmt,pv,fv)

Interest Rate Annual = RATE (40,-1000,0,3000000)

Given that the annual interest rate is 16.85%, the annual interest rate is 16.8454.

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The indifferent outsourcing formula is a tool used by businesses to determine whether to outsource a particular task or to keep it in-house. The formula calculates the point at which the cost of outsourcing becomes equal to the cost of keeping the task in-house.

At this point, the business is said to be indifferent between outsourcing and keeping the task in-house. Here are the steps to use the indifferent outsourcing formula:

Determine the current cost of keeping the task in-house, including direct costs (e.g., salaries, equipment) and indirect costs (e.g., overhead, benefits).

Estimate the cost of outsourcing the task, including direct costs (e.g., fees, shipping costs) and indirect costs (e.g., communication, quality control).

Determine the minimum acceptable level of service quality that the outsourced provider must meet. This level should be similar to the quality currently provided in-house.

Calculate the differential cost, which is the difference between the cost of outsourcing and the cost of keeping the task in-house.

Divide the differential cost by the difference in quality between the in-house and outsourced options. This gives you the incremental cost of each incremental unit of quality improvement.

Calculate the point of indifference by dividing the differential cost by the incremental cost per unit of quality improvement. This will give you the minimum number of units that must be outsourced to break even.

Using the indifferent outsourcing formula helps businesses to make informed decisions about whether to outsource or keep a task in-house. By comparing the costs and quality of both options, businesses can choose the most cost-effective and efficient solution for their needs.

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Answer:

a- have you ever run out of products before?

b- are you replacing your old one for a new one?

Explanation:

Answer:

option A is correct.

i.e.

each person in the interview.

Explanation:

Because thank-you letter provides a simple but effective way to express gratitude to all the individuals you met with.

The best way to utilize those questions is as the headings in the body of the report.

Therefore, the best way to utilize those questions is as the headings in the body of the report.

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The correct form of the question is shown:
One way MELT measures its progress is through detailed reports prepared in the field by its event marketers. Recall the questions Vince tells us are answered in these reports. Drawing on what you learned in the​ chapter, what is the BEST way to use those questions in the body of a​ report?

Answer:

A) Deficit 30 , B) Deficit 20 , C) Forex inflow is at positive side, forex outflow on negative side

Explanation:

A) Merchandise deficit is the difference between value of exported visible goods & imported visible goods.

UK 2001 trade deficit = Goods export value - Goods import value

£192 - 225 = - 30

So, Trade Deficit = 30

B) Current account balance is the difference between : forex inflow by goods & services exports, unilateral transfers, factor incomes received and- forex outflow by goods & services imports, unilateral transfers, factor incomes paid.

Current account Balance = (Goods & services export value + Income & transfer payments from abroad) - (Goods & services import value + Income & transfer payments to abroad)

= (192 + 77 + 140 + 16) - (225 + 66 + 131 + 23)

-20 [Deficit]

C) An item causing foreign exchange inflow leads to positive side on current account balance (eg exports). An item causing foreign exchange outflow leads to negative side on current account balance (eg imports)

Answer:

It is letter B

Explanation:

Reducing expenses would effectively and appropriately address a budget deficit. Thus option B is correct.

A budget is a financial plan that projects future earnings and costs. A budget, put simply, forecasts future finances in addition to anticipated revenues and expenditures. Calculating the company's earnings and costs for a set period of time is the procedure for creating a budget.

Increasing tax rates while decreasing government expenditures are the two apparent ways to minimize a budget deficit. the reduction of government spending and/or the raising of taxes, which results in either a rise in the primary surplus or a decrease in the budget deficit. greater taxes and less funding by the government. If public spending is lower than tax receipts, a budget surplus results.

Therefore, option B is the correct option.

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Current stock price = $44.50

Net income = $6,400,000

Total equity = $21,610,000

Sales = $39,300,000

shares of stock outstanding = 4.4 million

1. Earnings per share:

= Net income ÷ shares of stock outstanding

= $6,400,000 ÷ 4.4 million

= $1.45

2. Price−earnings ratio:

= Market price per share ÷ EPS

= $44.50 ÷ $1.45

= 30.68

3. Price−sales ratio:

= Market capitalization ÷ Total sales

= ($44.50 × 4,400,000) ÷ $39,300,000

= $195,800,000 ÷ $39,300,000

= 4.982

4. Book value per share:

= Shareholder's equity ÷ shares of stock outstanding

= $21,610,000 ÷ 4,400,000

= $4.911

5. Market-to-book ratio:

= Market value per share ÷ Book value per share

= $44.50 ÷ $4.911

= 9.061

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Answer:

Instructions are below.

Explanation:

Giving the following information:

Before:

Fixed costs= 270,000

Selling price= $40

Unitary variable cost= $24

Sales in units= 20,000

After:

Fixed costs= 294,000

Selling price= $38

Unitary variable cost= $24

Sales in units= 24,000

First, we need to calculate the break-even point in units:

Break-even point in units= fixed costs/ contribution margin per unit

Before:

Break-even point in units= 270,000/ (40 - 24)

Break-even point in units= 16,875 units

After:

Break-even point in units= 294,000/14

Break-even point in units= 21,000 units

Now, the margin of safety ratio:

Margin of safety ratio= (current sales level - break-even point)/current sales level

Before:

Margin of safety ratio= (20,000 - 16,875)/20,000

Margin of safety ratio= 0.156

After:

Margin of safety ratio= 3,000/24,000

Margin of safety ratio= 0.125

This is because: Self-driving cars will be less expensive to build than current cars.

This term was coined by Joseph Schumpeter. The concept of creative destruction refers to the process of economic innovation, in which some products are replaced by others, or some firms die because they are driven out of the market by others, and so on.

When  a company produces a new good that makes the old ones already in the market obsolete, the company is said to be creatively destroying the old goods.

An classical example of creative destruction occurred when Steve Jobs introduced the Iphone in 2007.

Therefore, the emergence of self-driving cars is an example of ""creative destruction"" because self-driving cars will be less expensive to build than current cars

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A sunk cost is money that has already been spent and cannot be recovered. In business, the axiom that one has to "spend money to make money" is reflected in the phenomenon of the sunk cost.

Sunk Costs are those costs that cannot be recovered by any means, i.e., money, once invested, is gone forever.

They should not be considered for making any future decisions like whether to continue the investment or not, as these costs cannot be recovered, and decisions should only be made based on relevant costs.

Sunk costs are considered fixed costs, but remember that all fixed costs are not considered sunk costs.

One simplest example of sunk cost is employees working on a probation period. You have paid a joining bonus to the probationer, but the results aren’t satisfactory, so you terminate the probation contract and fire the probationer from their job. The joining bonus is considered a sunk cost, as you won’t be seeing it again.

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Money that has been spent and cannot be recovered is known as sunk costs.

Sunk costs are sometimes called a retrospective cost, referring to an investment already incurred that can’t be recovered. Examples of sunk costs in business include marketing, research, new software installation or equipment, salaries and benefits, or facilities expenses. By comparison, opportunity costs are lost returns from resources that were invested elsewhere.

Economists suggest that, in theory, sunk costs are not relevant to future decision-making. In practice, however, sunk costs can and do significantly influence decisions about the future. This is largely because it’s psychologically challenging to let go of previously invested time, effort, or financial resources even if the outcome of those investments fails to meet expectations. A sunk cost refers to money that has already been spent and cannot be recovered.

A manufacturing firm, for example, may have a number of sunk costs, such as the cost of machinery, equipment, and the lease expense on the factory.

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The statement that a devoted sales agent is required to review the entire summary of benefits during a compliant sales presentation to a prospect is TRUE.

When trying to convince a prospect to purchase a good or service, it is important that the sales agent go above and beyond to make the sale. This shows the difference between a devoted sales agent, and one that handles their craft lackadaisically.

One way to show devotion from the sales agent, is to review the benefits of the service or good in its entirety. To remain time efficient, it is best that only a summary is provided of these benefits. However, there should be an effort to let the prospect know of all the benefits that the good or service affords as this would make them more likely to make a purchase.

In conclusion, it is true that a devoted sales agent should review the entire summary of benefits.

Options include:

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Taking into account all closing-related expenses, a total of $7,499 was paid.

Cost of the home x the commission is how much the agent is paid.

= 3% x 180,000

= $5,550

Commission plus loan origination plus title insurance plus attorney costs plus appraisal fees plus recording fees equals the total amount paid at closing.

= 5,550 +  528 + 275 + 121+275+750

= $7,499

$7,499.

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The complete question is given below:

The list below shows the closing costs on a home loan amount of $185,000.

closing cost charge loan origination $275 title insurance $528 attorney's fees $750 appraisal $275 recording fees $121 if the buyer also paid a 3% real estate agent commission, what was the total amount paid at closing?

The figure below shows the current balance in the market for pretzels. The supply curve, \($S_I$\), intercross the demand curve at the price \($P_1$\). Each stand produces a quantity \($q_1$\) of pretzels, so the total number of pretzels produced is 1000×\($q_1$\) - Stands earn zero gain because the price is similar to the average total cost.

The law of supply is the microeconomic law that phases all other elements being equal, as the value of a good or service increases, the number of goods or services that suppliers propose will increase, and vice versa.

The figure below shows the current balance in the market for pretzels. The supply curve, \($S_I$\), intercross the demand curve at the price \($P_1$\). Each stand produces a quantity \($q_1$\) of pretzels, so the total number of pretzels produced is 1000×\($q_1$\) - Stands earn zero gain because the price is similar to the average total cost.

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Option a) 3. The sample median has three runs above and below it. The sample median is surrounded by 3 runs both above and below it.

A data set's median value is the point where 50% of the data points have values that are lower or equal to it, and 50% of the data points have values that are higher or equal to it.

When you determine the median and sort the data in ascending order, you'll obtain

Notes: 5, 1, 6, 3, 4, and 2

number of flaws...9; 10; 12; 13; 15; 18

The median is the mean of the third and sixth sample values.

= (12+13)/2 = 12.5

If the samples are below or above the median, we count the samples in the order of their occurrence.

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here you go

Explanation:

A partnership is a business shared by multiple owners. It's not a legal business entity, and it doesn't have to be registered with the state. Basically, if you decide to go into business with another person without filing any state paperwork, you're automatically in a partnership

Answer:

True

Explanation:

because they are I hope its right

Answer:

well i would say true because friendship is a really strong thing

but then i don't really know

Answer:

d. that men's wages will fall and women's wages will rise when certain jobs are no longer dominated by men.

Explanation:

Barbara Bergman developed the Occupational Crowding Model in 1971 in order to try to explain why women and certain minority groups earned in average much less than white males. She even calculated any bias due to higher education, but still she was able to show flagrant labor discrimination based on gender and race.

Her study showed how women and minorities are consistently excluded or crowded out from high paying jobs and high corporate positions. The vast majority of high paying jobs and high corporate positions are filled with white non-Latin males (Latins are not a race, they come in all colors, they are a culture).

If this tendency is eliminated, women and minorities should be able to earn similar wages than white non-Latin males since they are capable of performing the same functions in a similar and comparable manner. I.e. all women and all men are equally capable.

This has improved a little bit in the last years, but still the bias against women and minorities still exists. Forty years ago no one would even dream that a large US corporation would be headed by someone from a minority group, but nowadays Apple, Alphabet (Google), Sprint, ADM, HP, and others, are headed by people that fit into minority groups.

This is great, but you shouldn't have to search for corporations that are headed by non-Latin heterosexual whites, it should be normal. And more women are needed in these places also. Women are capable of doing everything that any man can do.

Mountains and Basin is the Texas region would likely offer them the best opportunity for finding a job. As  a person is seeking a job in the lumber industry. Hence, option C is correct.

What is lumber industry?

The wood business, also referred to as the lumber industry, is the area of the economy that deals with logging and forestry as well as the production of primary forest commodities like furniture and secondary products like wood pulp for the pulp and paper industry.

Weyerhaeuser and Georgia-Pacific are the top two producers of lumber, respectively. There are 113 sawmills with a combined output capacity of 18.9 billion board feet among the top 10 US producers of lumber.

Currently, the world market for wood and wood products is dominated by North America. This is mainly attributable to the continent's vast forests, which in the US and Canada are primarily made up of relatively simple-to-extract conifers.

Thus, option C is correct.

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The effectiveness of fiscal policy in closing the output gap depends on the specific economic conditions at the time. However, in general, changing government spending is considered to be more effective in closing the output gap than changing income taxes.

This is because changes in government spending directly impact the demand for goods and services, which can increase economic activity and ultimately close the output gap. On the other hand, changes in income taxes may have a more indirect effect on demand, as they impact consumer spending and investment decisions. Additionally, changes in income taxes may take longer to have an effect, as consumers may not immediately adjust their spending behavior in response to tax changes. Ultimately, the effectiveness of fiscal policy in closing the output gap will depend on a variety of factors, including the size of the gap, the level of government spending and taxation, and the overall state of the economy.

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