Northern paid $162,750 through goodwill to acquire Southern, based on the topic.
What is an example of assets?
An asset is an asset with monetary value which a person, corporate entity, or country controls or owns with the expectation of future benefit. A current operations are reported on its income statement. They are divided into four categories: latest, fixed, financial, and abstract. An investment millionaire is a person who would have $1 million left over after selling everything and paying off all liabilities. A millionaire with a total wealth of at least $1 million is referred to as a net-worth millionaire. Your time, mind, and network are our three most valuable assets.
Briefing:
Purchase Consideration = Goodwill - (Fair value of Assets - Fair value of liabilities)
= $652750 - ($796000 - $306000) = $162750
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Please help I'm about to fail my class and i will be grounded for life, 100 pts for it! its financial literacy
Part One–Research
Imagine you bought 100 shares of stock three years ago and are selling it today. Select a company and research its stock prices. You can start with websites like Nasdaq and Fidelity. Determine the stock's price three years ago, or the purchase price, and its price today, or the selling price.
Part Two–Determine the Real Return
Calculate the real return of your stock investment using the following information:
Purchase price of 100 shares of stock
Selling price of 100 shares of stock
10% tax rate
3% inflation rate
2% administrative fee on the selling price of the stock
Part Three–Evaluate
Analyze your research and calculations, and answer the following questions:
What company did you select to buy stock in? Why did you select the company?
Consider the real return of the stock investment. Do you consider it a wise investment? Why or why not?
1. I imagine buying 100 shares of Amazon.com Inc. on January 3, 2020, when the stock price was $93.75, investing $9,375.
Today, October 31, 2022, the stock price of Amazon.com Inc. is $102.44.
2. The real return on my investment in Amazon.com Inc was a net loss of 7.12% or $667.60.
3. The company I selected to buy its stock three years ago was Amazon.com Inc.
4. I decided on Amazon.com Inc., hoping to earn spectacular returns since it is a multinational technology company.
5. When I consider the actual return on the stock investment in Amazon.com Inc., I think it was an unwise investment.
6. The investment returned a negative real value because I realized less than I initially invested; I actually lost about $667.60 overall.
What is the stock investment?Stock investment is the purchase of shares for an ownership interest in a publicly-listed company.
The investor makes the investment with the hope that the investee will grow and perform well over some period, enabling the investor to earn some real returns (in the form of dividends and capital appreciation).
Purchase of 100 shares Jan. 3, 2020 = $9,375 (100 x $93.75)
Sales of 100 shares Oct. 31, 2022 = $10,244 (100 x $102.44)
Tax (10%) = $1,024.40 ($10,244 x 10%)
Inflation (3%) = $307.32 ($10,244 x 3%)
Administration fee on sales (2%) = $204.88 ($10,244 x 2%)
Real Returns in dollars = $8,707.40 ($10,244 - $1,024.40 - $307.32 - $204.88)
Loss on returns = $667.60 ($8,707.40 - $9,375)
Loss percentage = 7.12% ($667.60/$9,375 x 100)
Unfortunately, Amazon.com Inc. did not pay any dividends during the period of my investment, and I really lost funds to taxes, inflation, and administration fees when I sold it.
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do all of the following except ________ when you're editing a document for conciseness.
False. A manager with strong conceptual skills is able to think well in abstract terms, not concrete terms.
Conceptual skills refer to the ability to think about complex and abstract ideas, concepts, and situations, and to understand how they relate to each other. Managers with strong conceptual skills are able to see the "big picture" and understand how different parts of the organization fit together. They are able to analyze and solve complex problems, identify patterns and trends, and develop strategies and plans for the organization's success. In contrast, managers with strong technical skills are able to perform specific tasks and functions within the organization, while managers with strong interpersonal skills are able to communicate and work effectively with others. All of these skills are important for managers to have, but conceptual skills are particularly important for those in top-level management positions.
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The letters A, B, C, D, E, F, G are called what?
Insurance offers consumers
Insurance customers don’t have a complicated need they want to choose from a good selection of policies to then get clear responsible prices.
Insurance is a tool for risk management. You get safeguards against unforeseen financial losses when you purchase insurance. If something unpleasant happens to you, the insurance company pays you or someone else of your choosing. If an accident occurs and you don't have insurance, you may be responsible for paying all costs.
Its objective is to mitigate inadvertent loss and reduce financial uncertainty. This is done by trading the assumption of the risk of a sizable loss and a promise to make payments in the event of one for the payment of a small, predefined fee—an insurance premium—to an accredited insurer.
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What is the EAR of a savings account that pays an APR of \( 10 \% \) with daily compounding? Enter your answer as a percent without the percent sign (e.g., 10.20). Round your final answer to two decim"
The EAR (Effective Annual Rate) of a savings account with a stated APR (Annual Percentage Rate) of 10% and daily compounding can be calculated using the formula:
EAR = (1 + (APR/n))^n - 1
Where "n" represents the number of compounding periods in one year. In this case, since the account compounds daily, there are 365 compounding periods in a year.
Plugging the values into the formula:
EAR = (1 + (0.10/365))^365 - 1
Calculating the expression within the brackets first:
(0.10/365) ≈ 0.00027397
(1 + 0.00027397)^365 ≈ 1.105169
Substituting the value back into the formula:
EAR = 1.105169 - 1 ≈ 0.105169
So, the Effective Annual Rate (EAR) of this savings account is approximately 10.52%.
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The quantity of peanuts supplied increased from 40 tons per week to 60 tons per week when the price of peanuts increased from $4 per ton to $5 per ton. The price elasticity of supply for peanuts over this price range is.
The price elasticity of supply for peanuts over this price range is 20.
What is the price elasticity of supply?Price elasticity of supply measures the responsiveness to the supply of a good or service after changes in market prices. According to basic economic theory, when the price of good rises, the supply of the good increases. Conversely, when the price of a good decrease, the supply of that good decreases.Price Elasticity of Supply = % Change in Supply / % Change in PriceThe price Elasticity of Supply indicates how quickly producers change their level of output in response to price changes. According to economic theory, when prices rise, producers want to produce more in order to sell more at a higher price.If manufacturers are unable to keep up with increased demand.Thus, Price Elasticity of Supply = % Change in Supply / % Change in Price, and one can easily understand the concept.
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Benson, incorporated manufactures a single product and uses the plantwide overhead rate method. the company's plantwide overhead rate is $25 per machine-hour (mh) used. their single product uses 10,000 mh, has direct material cost per unit of $10.96 and direct labor cost of $3.84 per unit. the total overhead cost is expected to be:
Benson Inc. employs the plantwide overhead rate technique and produces a single product. A total of $250,000 is anticipated for overhead expenses.
The sum of a company's indirect operating expenses is known as its total overhead costs. These expenses are required for the operation of the business even if they are not directly connected to the creation of a particular item or service. Rent, utilities, insurance, administrative salaries, and office supplies are a few examples of overhead expenses.
Total overhead cost = Predetermined overhead cost × Actual machine hours used
= $25 × 10,000
= $250,000
The direct materials and direct labor per unit will be used to compute the overall production cost per unit.
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Countries that develop and use the most advanced technologies, which then became available to follower countries, are known as __________countries.
Countries that develop and use most advanced technologies, which then became available to the follower countries, are known as pioneer countries.
What are pioneer countries?Pioneer countries are nations that lead the way in technological and industrial advancements. These countries were often the first to adopt new technologies and systems, and as a result, they experienced significant growth and prosperity. Some of the most well-known pioneer countries include the United Kingdom, which was a leading industrial power in the 19th century, and the United States, which became a dominant force in the 20th century. Other notable pioneer countries include Germany, Japan, and South Korea, all of which experienced rapid industrial growth and development in the 20th and 21st centuries. These countries have set the standard for technological and industrial progress, and they continue to be leaders in these fields today.
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Tran has a credit card with a spending limit of $2000 and an APR (annual percentage rate) of 12%. During the first month, Tran charged $450 and paid $150 of that in his billing cycle. Which expression will find the amount of interest Tran will be charged after the first month? (0. 01) (300 dollars) (0. 01) (450 dollars) (0. 12) (300 dollars) (0. 12) (450 dollars).
The expression that will find the amount of interest Tran will be charged after the first month is A. (0. 01) (300 dollars).
Data and Calculations:
Credit card spending limit = $2,000
Annual percentage rate (APR) = 12%
Monthly APR = 1% (12%/12) = 0.01
Amount charged on credit card =$450
Amount paid within the billing cycle = $150
Balance due on the credit card = $300 ($450 - $150)
Thus, Trans will be charged $3, which is expressed as A. (0. 01) (300 dollars).
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Which of these headlines represents institutional advertising?
A. "We have new prom dresses on sale."
B. "We have the best cookies in town."
C. "Purchase our new software today."
D. "We are the best at accounting."
Answer:
D
Explanation:
they are promoting their value to the industry and not trying to inform about a specific product. the intent of institutional marketing is to build trust in the brand.
The headline that represents institutional advertising is "We are the best at accounting. Thus the correct option is D.
What is advertising?
Advertising is referred to as a tool of promotion used to create awareness about the product or services among the customers which persuade them to make a purcahse and increase the sale of teh company.
In institutional advertising, there is no advertisement to sell products instead they focus on selling their services through their values and ethics. They highlight their values to customers so that customers can give their attention which improves their reputation.
"We are the best at accounting" describes promoting the brand's value among customers which best appropriate example for institutional advertising where they reflect a positive image of the brand.
Therefore, option D is appropriate.
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Which offer would be better if you worked 45 hours per week, a $60,000 salary with no
overtime or $24.50 per hour with overtime?
$24.50 per hour or
$60,000 Salary
as product brand manager, your task is to successfully introduce burnin' rock into the marketplace and manage the brand through its product life cycle. you have significant freedom to make the marketing decisions you think best, but the vice president of marketing has directed you to make at least some profit on this brand each year beyond the first.
Under most life-cycle conditions, earnings typically height before sales do, with income achieving their peak degree in the course of the early increase levels and sales reaching their height in the maturity stages
What are the four ranges of product existence cycle and what does it help enterprise with?A product's existence cycle is commonly damaged down into four stages; introduction, growth, maturity, and decline. Product life cycles are used through management and advertising and marketing specialists to assist decide advertising schedules, price points, enlargement to new product markets, packaging redesigns, and more.
Focusing on keeping expenses low can help groups at some stage in the maturity stage of a product existence cycle
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https://brainly.com/question/28388211#SPJ4why it is important to prepare a bank reconciliation statement at the end of each month
Explanation:
The purpose of preparing a Bank Reconciliation Statement is to detect any discrepancies between the accounting records of the entity and the bank besides those due to normal timing differences. Such discrepancies might exist due to an error on the part of the company or the bank.
On January I, 2018, Novotna Company purchased $400,000, 8% bonds of Aguirre Co. for $369,114. The bonds were purchased to yield 10% interest. Interest is payable semiannually on July 1 and January 1. The bonds mature on January 1, 2023. Novotna Company plans to hold the bonds to collect contractual cash flows.
On January I, 2020, after receiving interest, Novotna Company sold the bonds for $370,726 after receiving interest to meet its liquidity needs.
Instructions:
(a) Prepare the journal entry to record the purchase of bonds on January 1, 2018.
(b) Prepare the amortization schedule for the bonds.
(c) Prepare the journal entries to record the semiannual interest on July 1, 2018, and December 31, 2018.
(d) Assume that Novotna elected the fair value option for this investment. If the fair value of Aguirre bonds is $368,000 on December 31, 2018, prepare the necessary adjusting entry.
(e) Prepare the journal entry to record the sale of the bonds on January 1, 2020.
(a) Journal entry to record the purchase of bonds on January 1, 2018:
Date Account Debit Credit
Jan 1, 2018 Bonds Receivable $400,000
Cash $369,114
Discount on Bonds $30,886
Explanation:
Bonds Receivable represents the face value of the bonds purchased.
Cash represents the cash paid to acquire the bonds.
Discount on Bonds represents the difference between the face value and the purchase price.
(b) Amortization schedule for the bonds:
Period Cash Interest Amortization of Carrying Value
Received Discount of Bonds
Jan 1, 2018 - $369,114
Jul 1, 2018 $16,000 $4,000 $365,114
Jan 1, 2019 $16,000 $4,000 $361,114
Jul 1, 2019 $16,000 $4,000 $357,114
Jan 1, 2020 $16,000 $4,000 $353,114
Jul 1, 2020 $16,000 $4,000 $349,114
Jan 1, 2021 $16,000 $4,000 $345,114
Jul 1, 2021 $16,000 $4,000 $341,114
Jan 1, 2022 $16,000 $4,000 $337,114
Jul 1, 2022 $16,000 $4,000 $333,114
Jan 1, 2023 $16,000 $4,000 $329,114
(c) Journal entries to record the semiannual interest on July 1, 2018, and December 31, 2018:
July 1, 2018:
Date Account Debit Credit
Jul 1, 2018 Cash $16,000
Interest Revenue $16,000
Dec 31, 2018:
Date Account Debit Credit
Dec 31, 2018 Cash $16,000
Interest Revenue $16,000
(d) Adjusting entry if Novotna elected the fair value option:
Date Account Debit Credit
Dec 31, 2018 Unrealized Loss on
Investment in Bonds $1,000
Fair Value Adjustment $1,000
Explanation:
Unrealized Loss on Investment in Bonds represents the decrease in the fair value of the bonds.
Fair Value Adjustment represents the contra account to reflect the adjustment in the fair value.
(e) Journal entry to record the sale of the bonds on January 1, 2020:
Date Account Debit Credit
Jan 1, 2020 Cash $370,726
Bonds Receivable $329,114
Interest Revenue $16,000
Gain on Sale of Bonds $25,612
Explanation:
Cash represents the cash received from the sale of bonds.
Bonds Receivable represents the face value of the bonds sold.
Interest Revenue represents the interest earned until the sale date.
Gain on Sale of Bonds represents the difference between the cash received and the carrying value of the bonds.
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Crawford Corp. has an ROI of 23% and a residual income of $10,000. If operating income equals $47,840, what is the amount of average invested assets
The amount of average invested assets for Crawford Corp. is $208,000 and the company is earning a positive residual income of $10,000.
To calculate the amount of average invested assets, we can use the formula:
ROI = Operating income / Average invested assets
We know that the ROI is 23% and the operating income is $47,840. We can rearrange the formula to solve for the average invested assets:
Average invested assets = Operating income / ROI
Average invested assets = $47,840 / 0.23
Average invested assets = $208,000
Therefore, the amount of average invested assets for Crawford Corp. is $208,000. This means that the company has invested $208,000 in assets to generate a return of $47,840 in operating income.
It is also given that the residual income is $10,000, which indicates that the company has earned $10,000 more than its expected return on the invested assets. This is a positive sign for the company as it shows that it is generating more income than what is required to cover its cost of capital.
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General Staff immediately come together and begin developing strategies. General Staff Chiefs are: Evaluating staffing and supervisory needs in the Incident Command Post. Identifying resource shortfalls. Updating planning documents. What NIMS Management Characteristics are you supporting
Select all that apply.
Common Terminology
Management by Objectives
Incident Action Planning
Manageable Span of Control
Unified Command
Accountability
Answer:
Management by Objectives
Incident Action Planning
Manageable Span of Control
Explanation:
Considering the information given in the question, the NIMS Management Characteristics I am supporting are:
1. Management by Objectives
This is because, by Management by Objectives, the General Staff are making strategies according to the previous objectives.
2. Incident Action Planning
This is because, by Incident Action Planning, the General Staff are revising planning documents that will comprise staffing and resource necessities.
3. Manageable Span of Control
This is because, by Manageable Span of Control, General staff chiefs are assessing staffing requirements in the Incident Command Post. This is to make sure each supervisor only has personnel that can be managed.
US farmers start cutting down their pecans groves to make more land available to plant more profitable crops would cause the supply of
pecans to what?
A. Increase right
B. Decrease left
C. Not change
Answer:
b
Explanation:
cuz
Answer:
I would say that it would decrease
Explanation:
discuss how businesses can use mind mapping and brainstorming to identify new and innovative business opportunities
Answer: A mind map can be used by businesses to brainstorm thoughts and ideas organically.
Explanation:
By plotting ideas into a diagram, you can turn often complex, monotonous information into an organized, colorful, and memorable centralized format.
short notes on audit and auditor
Answer:
Audit
Audit is the examination or inspection of various books of accounts by an auditor followed by physical checking of inventory to make sure that all departments are following documented system of recording transactions.
Auditor
An auditor is a person authorized to review and verify the accuracy of financial records and ensure that companies comply with tax laws.
What factors should a person consider when accepting a job?
1. location
2. pay
3. contents of job
4. working conditions
you buy gold in the spot market at $1400 per ounce. you decide to hedge the gold position with a cross hedge in platinum futures. suppose platinum futures are quoted at $1500 per ounce. for every dollar that gold advances (or declines), platinum futures are likely to change by $0.85. you decide to short platinum futures to try to create a perfect hedge for your gold position. what is the optimal hedge ratio?
The percentage of a hedging instrument, or hedging asset or liability, that an investor should hedge is determined by an optimal hedge ratio, which is a ratio for managing investment risk.
What is Hedge Ratio?The percentage of a hedging instrument, or hedging asset or liability, that an investor should hedge is determined by an optimal hedge ratio, which is a ratio for managing investment risk.Hedging is an investment strategy that is frequently used as a risk-reduction tool. In order to reduce the magnitude of potential risk, it entails taking a position in a financial asset or underlying.Calculating Hedge Ratio : The established position is said to be "completely hedged" as the hedge ratio gets closer to a value closer to 1. On the other side, a position is referred to as "unhedged" when the hedge ratio gets closer to zero.Hedge Ratio = Hedge Value / Total Position Value .
Value of total exposure = 1,500 $
Value of hedge position = 1400 $
Hedge ratio = 93.33 %.
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A Web site is an example of a cross channel of communication.
A. True
B. False
Practice Problem
Lil Baby Company entered into the following transactions during March 2021.
1. Purchased office equipment for $25,000 from Offset Equipment, Inc. on account.
2. Paid $3,000 cash for March rent on office furniture.
3. Received $18,000 cash from customers for services billed in February!
4. Provided legal services to Megan T.S. Company for $3,500 cash.
5. Paid Cardi Company. $2,500 cash for electric usage in March.
6. Lil Baby invested an additional $32,000 in the business.
7. Paid Offset Equipment, Inc. for the office equipment purchased in (1) above.
8. Incurred advertising expense for March of $1,600 on account.
Instructions: Prepare a tabular analysis for the transactions above.
Lil Baby Company's transactions in March 2021 involved the purchase of office equipment, payment of rent and expenses, receipt of cash from customers, provision of services, investment in the business, and settling accounts with suppliers.
What were the key transactions of Lil Baby Company in March 2021?In March 2021, Lil Baby Company engaged in several financial activities. They acquired office equipment on account from Offset Equipment, Inc. for $25,000, indicating a liability to be settled in the future. They also paid $3,000 in cash for the rent of office furniture for the month. Additionally, Lil Baby received $18,000 in cash from customers for services rendered in February, which increased their cash holdings. Furthermore, they provided legal services to Megan T.S. Company and received $3,500 in cash.
Lil Baby paid cardi Company $2,500 in cash for electric usage in March. In order to support the business, Lil Baby invested an additional $32,000. Lastly, they settled the account with Offset Equipment, Inc. by paying for the office equipment acquired earlier. They also incurred $1,600 in advertising expenses on account. These transactions reflect the financial activities of Lil Baby Company during March 2021.
The tabular analysis for Lil Baby Company's transactions in March 2021 would involve organizing the information in a table format, detailing the nature of each transaction, the parties involved, the amounts, and whether the transactions affected cash, accounts payable, or other accounts. The table would provide a clear overview of the company's financial activities during that period and aid in further analysis and interpretation.
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Why is it important to demonstrate a positive work attitude in the workplace?
O to be seen as trustworthy and reliable
O to be seen as coachable and flexible
O to be seen as willing to delegate tasks
O to be seen as easily persuadable
Answer:
the first one
Explanation:
if you aren't trustworthy you might not get as many opportunities in your workplace
identify the true statement about normative myopia. multiple choice it occurs when decision makers fail to notice gradual changes over time. it refers to the shortsightedness about values. it has only been observed to occur in business. it only results from focusing failures.
The whole case in this given topic is explained by- Inattentional blindness is used in the given case.
Inattentional blindness, which Bazerman and Chugh claim is a result of focus problems, is a serious problem. We then experience a moment where we wonder, "How could I have missed that?," as a result of these focusing errors. You might remember using your phone while driving and unintentionally missing a highway turnoff.A person experiences inattentional blindness or perceptual blindness (rarely referred to as inattentive blindness) when they are unable to recognize an unexpected stimulus that is right in front of them without the aid of vision problems or deficits.We all occasionally suffer from inattentional blindness, which might occur in the following circumstances: You believe you are paying attention to the road, but you miss a car swerving into your lane of travel.
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Suppose in a community 10 people each have a Marginal Benefit from streetlights equal to MB=5-2Q, and five people each have a Marginal Benefit for streetlights of MB=7-Q, where Q is the quantity of streetlights. The marginal cost of a streetlight is MC=3. a. Sketch the MSB curve for the society. b. What is the socially optimal number of streetlights
The socially optimal number of streetlights is 3. At this quantity, the marginal benefit to society is equal to the marginal cost, maximizing overall welfare.
a. To sketch the Marginal Social Benefit (MSB) curve for the society, we need to determine the total Marginal Benefit (MB) at each quantity of streetlights.
For the first group of 10 people, the MB is given by MB₁ = 5 - 2Q. For the second group of 5 people, the MB is given by MB₂ = 7 - Q.
To find the MSB, we sum up the MB from both groups:
MSB = MB₁ + MB₂ = (5 - 2Q) + (7 - Q) = 12 - 3Q
Plotting the MSB curve on a graph with quantity (Q) on the x-axis and MSB on the y-axis, we start with an intercept of 12 on the y-axis and draw a downward-sloping line.
b. The socially optimal number of streetlights occurs where the MSB equals the Marginal Cost (MC). In this case, the MC is given as MC = 3.
Setting MSB equal to MC:
12 - 3Q = 3
Solving for Q:
3Q = 9
Q = 3
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if output growth exceeds population growth for a country,
Average living standards will rise if a nation's growth in output is greater than its Population growth.
The expansion of a population or dispersed group is referred to as population growth. The economy may benefit from an increase in the number of people.
Food, water, housing, energy, healthcare, transportation, and other necessities will all become more in demand as the population grows. Also, all that consumption makes the environment worse, makes conflicts worse, and makes it more likely that big disasters like pandemics will happen.
A natural increase or natural change refers to the combined change in the population caused by births and deaths. Populations either expand or contract depending on how quickly they add or lose people.
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Differentiate between electricity geyser and gas geyser
Which of the following should show a profit in order for a financial institution to give a the company a loan
a) income statement
b) rent expense
c) accelerated depreciation
d) accounts receivable
Answer:
A I think not really sure hope this helps you
Which of the following would increase aggregate demand?