Answer:
Dr cash $120,000
Cr Notes payable $120,000
Dr interest expense $2,400
Dr notes payable $30,000
Cr cash $32,400
Explanation:
The issuance of the notes payable of $120,000 means that White Corporation's cash inflow has increased by $120,000 while its corresponding loan obligation has also gone up by the same amount.
On 31 December 2018,White Corporation would need to repay $30,000 principal plus interest of $2,400 ($120,000*2%).The interest payment is debited to interest expense while $30,000 repayment is debited to notes payable and cash is credited with the total of $32,400
Which regulatory agencies provide general oversight for the banking industry the Fed and the FDIC?
The "Regulatory Agencies for the Financial Activities of State Governments" are a particular group of organizations that regulate the financial services sector. These organizations are able to authorize a wide range of banking laws and operations.
The two main organizations in charge of policing the banking sector are the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC). In reality, the Fed is its own internal financial regulator. Maintaining banks' strong financial standing is its key duty, and its primary duty is to oversee the capital and liquidity of the banking system. The U.S. government's insurance corporation, the FDIC, is largely in charge of protecting its deposits.
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What is the definition of gross income?
Gross income refers to the total income earned by an individual, business, or entity before any deductions or expenses are subtracted.
Gross income is typically calculated on an annual basis, representing the total income earned over a specific period, usually a fiscal year. It serves as a starting point for determining taxable income, which is the amount on which taxes are assessed.
It is important to note that gross income does not account for any deductions or expenses, such as taxes, operating costs, depreciation, or other business expenses. These deductions are subtracted from the gross income to arrive at the net income or taxable income, which is the actual amount on which taxes are levied.
For individuals, gross income includes wages or salaries earned from employment, income from self-employment or freelancing, rental income, investment income, and other sources. It is reported on the individual's tax return and is used to determine their tax liability.
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Which is NOT a benefit of family members sharing household responsibilities?
OA.
Household responsibilities can be completed in less time
OB. Family members spend more time outside exercising
O C. Family members feel united in keeping the house running smoothly
OD
Children can learn responsibility as they help around the house
Answer:
B. Family members can spend more time outside exercising
Explanation:
This has nothing to do with household responsibilities
"B) Recall the last time you ate at an expensive restaurant where you paid the bill. Now think about the last time you ate at a similar restaurant, but your parents paid the bill. Did you order more food (or more expensive food) when your parents paid? Explain how this relates to the agency problem in corporations.
"
Answer:
When a person goes to an expensive restaurant and the parents pay, this person is likely to order more food than if this person goes and pays himself or herself.
This is because in the first case we have the agency problem, because the principal, the parents, and the agent, the child, do not always act on each other best interests.
In the second case, on the other had, this problem does not exist because principal and agent are the same person, since the person who orders is the same person who pays.
tough Rock Ltd. needs to acquire a piece of drilling equipment which will cost the company $55,000. It is estimated that in 14 years’ time the machine can be salvaged for $5,500. The company’s bank has agreed to advance funds for the entire purchase price at 6 percent per annum payable in equal installments over the 14 years. Alternatively, the machine could be leased over the 14 years from the manufacturer, by way of an operating lease with annual lease payments of $4,250. The company’s tax rate is 25 percent, and its cost of capital is 12 percent. The equipment has a CCA rate of 20 percent. If the machine is owned, annual maintenance costs will be $550.
Before deciding upon whether to purchase or lease drilling equipment, a helpful analysis entails cogitating the respective net present values (NPV) of both options while minding the business's cost of capital at 12%.
Option 1: Buying• Initial expenditure: $55,000
• Yearly loan payment approximating $5,936.98 (at 6% interest over 14 years).
• Annual maintenance expenditure: $550.
• Tax savings from Capital Cost Allowance (CCA): Highest in Year 1 with approximately $8,250, relenting afterwards.
• Salvage value - $5,500.
Option 2: Leasing• Yearly lease installment: $4,250.
• Tax savings from lease repayment amounting to around $1,062.50.
• Net annual leasing payment tallying – $3,187.50.
Calculate and analyze each course of action’s NPV.
Choose whichever offers the elevated NPV accounting for any stipulated information and suppositions; still, it is fundamental for one to take stock of other boundaries such as market moods, interest levels, and fisc regulations, in order to obtain an informed judgment on the matter.
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You place a stop-loss order to sell 500 shares of AAPL with a stop price of $180. The current price is $185. How much will you receive for each share if during the trading day AAPL declines to $170 and closes the trading day at $188
Answer:
$90,000
Explanation:
Calculation to determine How much will you receive for each share
Using this formula
Amount that will be received = Number of shares * Stop price that was reached in a day
Let plug in the formula
Amount that will be received= 500 shares * $ 180
Amount that will be received= $ 90,000
Therefore How much will you receive for each share is $90,000
Question 2
Which is a capability of a presentation software program?
calculating mathematical data
o combining animation and sound
O copying and printing documents
O connecting several computers
Previous
An old computer having book value RS.10000 was sold for RS. 15009.
journal entries?
Answer:
profit will come while selling book
Answer:
profit will come why selling book
How has the Timberland Company incorporated the four pillars of its corporate social
responsibility (CSR) strategy into its day-to-day operations?
Answer:
The four pillars are energy, product, workplace and service.
Please mark Brainliest
Explanation:
The Timberland Company have a tradition of Corporate Social Responsibility, Timberland have always been committed to environment and social sustainability. The four pillars of Timberland Company for Corporate Social Responsibility are Energy, Product, Workplace and Service.
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Substitute x = b 2 into the simplified expression, the value was 20.
Answer:
b= 10 x = 20
Explanation:
b= 10. 10 x 2 =x
Therefore the value of X is 20 if you substitute the value twenty for x then divide that value by two you received your variable b's answer.
Kingston Co. uses the percentage-of-receivables basis to record bad debt expense. It estimates that 1% of accounts receivable will become uncollectible. Accounts receivable are $420,000 at the end of the year, and the allowance for doubtful accounts has a credit balance of $1,500.
Kingston Co. uses the percentage-of-receivables ba
Kingston Co. uses the percentage-of-receivables ba
Collapse question part
Partially correct answer. Your answer is partially correct. Try again.
Prepare the adjusting journal entry to record bad debt expense for the year. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)
Account Titles and Explanation Debit Credit
Answer:
Kingston Co.
Adjusting Journal Entry to record bad debt expense for the year:
Account Titles and Explanation Debit Credit
Bad Debts Expense $2,700
Allowance for Doubtful Accounts $2,700
To record bad debt expense for the year and bring the allowance for doubtful accounts to a credit balance of $4,200.
Explanation:
a) Data and Analysis:
Accounts receivable at the end of the year = $420,000
Allowance for doubtful accounts (credit balance) = $1,500
Estimated uncollectible = 1% of account receivable
New credit balance for allowance for doubtful accounts = $4,200
Adjustment to increase the allowance for doubtful accounts to the above new balance = $2,700 ($4,200 - $1,500)
Bad Debts Expense $2,700 Allowance for Doubtful Accounts $2,700
A large cable company is the only provider of cable TV and Internet for a small community. As a result, consumers in the community who want either of these services must purchase from this company.
In which of the following economic markets is the cable company operating?
Due to the fact that the firm is the only one that is operating in the community, the economic markets operated here is monopolistic.
What is a monopolistic market?
This is a type of market that has only one company that is in charge of offering products or services to the public.
The market here is a cable tv and internet company that provides services to the community.
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Select the correct answer from each drop-down menu.
Apply your knowledge of the ways that trade affects individuals and cultures to complete the statements.
Market expansion and access to goods and services that would not otherwise be available locally are made possible through international commerce. The market is more cutthroat because of global trade.
Which cultural effects does commerce have?Through cultural interchange, cultures are impacted when nations start or grow commerce. Cultural exchange is the process of passing along ideas from one culture to another, including religious doctrines, worldviews, concepts, and modern technologies. In economic connections, cultural interchange is unavoidable.
Why are cultural exchanges so vital?The link between creativity and globalisation is seen to be formed via cultural exchange. Emerging market economies may be able to gain from both thanks to the equally distributed creative talent.
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Answer:
Outsourcing, cultural imperialism, oppose
Explanation:
i got it correct.
What steps will allow you to use the Keep Together property to ensure that none of the records are broken between two pages when they are printed?
Answer: 1. design
2. property sheet
3. yes
Explanation: just did it
1 - Describe two justifications for the need for professional financial planning advice
2- Summarize the main fees a mutual fund investor will pa
3 - Your client is asking how much life insurance she needs. She expects to earn $120,000 per year on average, working for the next 30 years.
a. Suppose an appropriate earnings multiple is 18. How much life insurance should she purchase? (2 points)
b. Using a discount rate of 4%, what is her insurance need using the human value approach? (3 points)
Answer:
Financial planning is a step-by-step approach to meet one's life goals. A financial plan acts as a guide as you go through life's journey. Essentially, it helps you be in control of your income, expenses and investments such that you can manage your money and achieve your goals.
Explanation:
Which activity does the IRS allow nonprofit organizations to engage in?
advertising tax deductions for donations
compensating business owners based on profits
selling pharmaceuticals if it is a healthcare organization
increasing the value of shareholder’s investments
Will give brainliest to correct answer!
Answer: advertising tax deductions for donations
Explanation:
The activity does the IRS allow nonprofit organizations to engage in is
advertising tax deductions for donations.
What is IRS?It stands for Internal revenue service that administered the federal tax laws. In this, it contains the processing of tax return, tax payer service, and the enforcement.
So based on this, we can say that The activity does the IRS allow nonprofit organizations to engage in is advertising tax deductions for donations.
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The following information is available for the Johnson Corporation: Beginning inventory $ 43,000 Inventory purchases (on account) 173,000 Freight charges on purchases (paid in cash) 28,000 Inventory returned to suppliers (for credit) 30,000 Ending inventory 48,000 Sales (on account) 268,000 Cost of inventory sold 166,000 Required: Applying both a perpetual and a periodic inventory system, prepare the journal entries that summarize the transactions that created these balances. Include all end-of-period adjusting entries indicated.
Answer:
如果我沒有在同一時間做一個關於事情的問題以獲得一個好主意來得到答案可以嗎如果我來
in order to examine the relationship between the selling price of a used car and its age, an analyst uses data from 20 recent transactions and estimates price
So that it will study the connection between the promoting charge of a used car and its age, an analyst uses statistics from 20 recent transactions and estimates fee = β0 + β1Age + ε. A portion of the regression effects is shown in the accompanying table. [You may find it useful to reference the t table.]
Coefficients StandardError t Stat p-value
Intercept 21,228.95 738.41 28.750 1.70E-16
Age −1,206.23 129.97 2.78E-08
a.Specify the competing hypotheses so that you can determine whether or not the promoting price of a used automobile and its age are linearly associated.
multiple choice 1
H0: β1 ≥ 0; HA: β1 < 0H0: β1 = 0; HA: β1 ≠ 0H0: β1 ≤ 0; HA: β1 > 0selling price:-We enjoy distinctive conditions every day when we want to calculate or evaluate matters. specifically, situations involving the sale or buying of products. The selling price is used to promote the object at a sure value and may be calculated by the usage of the promoting fee formulation. the amount that the client pays to shop for the product is known as the selling charge. The actual promoting rate is the charge the client pays to buy a product or service.
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Analyzing changes in unit costs The costs of materials consumed in producing good units in the Forming Department of Thomas Company were $76,000 and $77,350 for September and October, respectively. The number of equivalent units produced in September and October was 800 tons and 850 tons, respectively. Evaluate the change in the cost of materials between the two months.
Material cost per ton, September
Material cost per ton, October
The cost of materials _______ by $ ______ per ton between September and October.
Answer and Explanation:
The computation of the material cost per ton month wise is as follows:
Cost per unit in September
= $76,000 ÷ 800 units
= $95 per unit
ANd, Cost per unit in October is
= $77,350 ÷ 850 tons
= $91 per unit
As we can see that the cost per unit would reduced by $4 per unit that comes from
= $95 - $91
= $4
Research technology
focuses on a lot of
hands-on work with
which of the
following?
A. Ballots
B. Samples
C. Surveys
Research technology is a broad field that encompasses a variety of tools and techniques used to collect and analyze data for research purposes. When it comes to hands-on work, research technology often focuses on working with samples or surveys. The correct answer is option c.
Samples are small groups of individuals or objects that are selected from a larger population for research purposes. They may be chosen randomly or based on specific criteria, and researchers use various methods to collect data from them, such as interviews, observations, or experiments. Surveys, on the other hand, involve collecting data from a larger group of people through standardized questionnaires or interviews. This can be done through various methods, such as in-person interviews, phone surveys, or online questionnaires.
Both samples and surveys require a lot of hands-on work in terms of collecting, organizing, and analyzing data. Researchers must be skilled in using various research technology tools, such as statistical software, to analyze and interpret data accurately. In conclusion, research technology often focuses on hands-on work with samples or surveys when collecting and analyzing data for research purposes. Both require significant effort and expertise to produce reliable and meaningful results. The correct answer is option c.
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Understanding that business organizations can be extremely diverse, identify and explain management strategies to promote motivation and communication
Some management strategies to promote motivation and communication are encouraging group work and having effective communication channels.
Why are motivation and communication important?These two elements make sure employees give the best of themselves and can report/solve problems efficiently.
How to promote these elements?Some strategies that can be used are:
Group work: If employees work together in projects they are more likely to communicate; also, this increases motivation as work is shared.Communication channels: This makes employees they can easily and effective communicate with subordinates, colleagues and superiors in different situations.Learn more about communication in: https://brainly.com/question/22558440
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As a farmer, Gary Forsythe is familiar with the economics of perfect competition. How is the price at which he sells his corn determined
Answer:
This question is incomplete, the options are missing. The options are the following:
a) It is determined by Gary because he has a product that many people want.
b) The price is determined by combining the actions of all buyers and all sellers together.
c) The price he will receive is primarily determined by a few buyers at the local grain bin.
d) The government sets the price of the corn to level the playing field for everyone.
e) The price will be approximately 25 percent higher than what other farmers are selling the same corn for because Gary is an astute businessperson.
And the correct answer is the option B: The price is determined by combining the actions of all buyers and all sellers together.
Explanation:
To begin with, the structure of market known as ''perfect competition" is considered to be the one in where the price of the product is determined by the interaction between all the buyers and sellers of the market due to the fact that there is huge amount of them and the product that is being sell is homogenous so that means that there is no difference between buying to one or other producer. That is why that the sellers and buyers are known as "price-takers".
A FLAT supply curve indicates
O Elastic supply
O Inelastic supply
O Low income elasticity
O none of these
Answer:
Elastic supply
Explanation:
As quantity demanded increases, price stays the same. This means it is perfectly elastic.
an example of a disincentive?
Answer:
Failing to have the incentive you once had; to take the incentive, the stimulus, the spirit from something, from someone or from oneself; discourage, discourage:
"Excessive taxes disincentive trade."
"In the face of so many problems, he became disincentived."
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All Kiwi Ltd (a New Zealand-based company) has a wholly-owned subsidiary in Malaysia whose manager is being evaluated on the basis of the variance between actual profit and budgeted profit in New Zealand dollars (NZD). Relevant information in Malaysian ringgit (MYR) for the current year is as follows: Budget Actual Revenues MYR 12,000,000 MYR 11,000,000 Expenses 9,000,000 9,000,000 Current year actual and projected exchange rates between the New Zealand dollar (NZD) and the Malaysian ringgit (MYR) are as follows: Actual at time of budget preparation NZD 0.312 per MYR 1 Projected ending at time of budget preparation NZD 0.340 per MYR 1 Actual at end of budget period NZD 0.357 per MYR 1 Required: Calculate the total budget variance for the current year using a projected exchange rate (projected at the time the budget is prepared).
Answer:
Variance (Unfavorable) (NZD 340,000)
Explanation:
Budget Variance using exchange rate projected at the time of budget
Budget Actual Variance Exc. Rate Variance in NZD
MYR MYR
Revenue 12000000 11000000 -1000000 0.34 -340000
Expenses 9000000 9000000 0 0.34 0
Profit 3000000 2000000 -1000000 0.34 -340000
The graph shows Keynes's theory of aggregate demand. A line graph shows total economic output on the x axis and price on the y axis. A line labeled Demand starts high on the y axis but decreases as it moves along the x axis. A line labeled supply (short run) starts out low on the y axis but increases as it moves along the x axis. A line labeled supply (long run) stays vertical in the middle of the x axis. What is likely to happen if a new aggregate demand curve moves to the right? Prices and output would drop, and the equilibrium point will stay the same. Prices would rise, and output would drop in the short run. Prices and output would rise, and the equilibrium point will change. Prices would rise, and output would drop in the long run.
Answer:
C: Prices and output would rise, and the equilibrium will change
Explanation:
Answer: The answer would be C:
Prices and output would rise, and the equilibrium point will change.
Explanation:
when the aggregate demand curve moves to the right, it shows that there have been improvements in the economy. It also means the the unemployment rate has decreased which shows that there is a lower inflation rate and that production has increased.
St. Vincent's, Inc., currently uses traditional costing procedures, applying $800,000 of overhead to products Beta and Zeta on the basis of direct labor hours. The company is considering a shift to activity-based costing and the creation of individual cost pools that will use direct labor hours (DLH), production setups (SU), and number of parts components (PC) as cost drivers. Data on the cost pools and respective driver volumes follow. Product Pool No.1 (Driver: DLH) Pool No. 2 (Driver: SU) Pool No. 3 (Driver: PC) Beta 1,200 45 2,250 Zeta 2,800 55 750 Pool Cost $ 160,000 $ 280,000 $ 360,000 The overhead cost allocated to Zeta by using activity-based costing procedures would be: Multiple Choice None of the answers is correct. $560,000. $240,000. $356,000. $444,000.
The overhead cost that should be allocated to Zeta via activity-based costing is $356,000.
The following formula for determining the overhead cost allocated to Zeta:
= Zeta pool no 1 ÷ total pool no 1 × pool cost + zeta pool no 2 ÷ total pool no 2 × pool cost + zeta pool no 3 ÷ total pool no 3 × pool cost
= 2,800 ÷ 4,000 × $160,000 + 55 ÷ 100 × $280,000 + 750 ÷ 3,000 x $360,000
= $356,000
Therefore we can conclude that the overhead cost that should be allocated to Zeta via activity-based costing is $356,000.
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During periods when the yield curve has a "normal" shape, as market interest rates change, which statement is TRUE
Answer
B. Long term bond prices are more volatile than short term bond prices
Explanation:
These are the options for the above question;
A. Short term bond prices are more volatile than long term bond prices
B. Long term bond prices are more volatile than short term bond prices
C. Both short term and long term prices are equally volatile
D. No relationship exists between long term and short term bond price movements
In finance, yield curve is very useful in the measurement of the ideal or belief the bond investor has concerning risk. With the help of the yield curve ,we can know relationship between the rate of interest and maturity's time.
It should be noted that during a period when the yield curve has a normal ascending shape long term bond prices are more volatile than short term bond prices, and the normal yield curve shape is usually reffered to as ""positive yield curve"".
Hence only option B is true.
Dividends Per Share
Sandpiper Company has 30,000 shares of cumulative preferred 1% stock, $100 par and 50,000 shares of $25 par common stock. The following amounts were distributed as dividends:
20Y1 $75,000
20Y2 24,000
20Y3 90,000
Determine the dividends per share for preferred and common stock for each year. Round all answers to two decimal places. If an answer is zero, enter '0'.
The dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
To determine the dividends per share for preferred and common stock for each year, we need to divide the total dividend amount by the number of shares for each type of stock.
Preferred Stock:
The preferred stock has a 1% dividend rate and a par value of $100 per share. There are 30,000 shares of cumulative preferred stock.
Year 20Y1:
Dividend per share for preferred stock = Dividend amount / Number of preferred shares
Dividend per share for preferred stock = $75,000 / 30,000
Dividend per share for preferred stock = $2.50
Year 20Y2:
Dividend per share for preferred stock = $24,000 / 30,000
Dividend per share for preferred stock = $0.80
Year 20Y3:
Dividend per share for preferred stock = $90,000 / 30,000
Dividend per share for preferred stock = $3.00
Common Stock:
The common stock has a par value of $25 per share. There are 50,000 shares of common stock.
Year 20Y1:
Dividend per share for common stock = Dividend amount / Number of common shares
Dividend per share for common stock = $75,000 / 50,000
Dividend per share for common stock = $1.50
Year 20Y2:
Dividend per share for common stock = $24,000 / 50,000
Dividend per share for common stock = $0.48
Year 20Y3:
Dividend per share for common stock = $90,000 / 50,000
Dividend per share for common stock = $1.80
In summary, the dividends per share for preferred stock for years 20Y1, 20Y2, and 20Y3 are $2.50, $0.80, and $3.00, respectively. The dividends per share for common stock for the same years are $1.50, $0.48, and $1.80, respectively.
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In the Response-Ability Axis handout, speaking with immediacy means moving towards what
In the context of the "Response-Ability Axis" handout, speaking with immediacy means moving toward the present moment and addressing the current situation or issue directly.
Speaking with immediacy entails actively engaging in the here and now, expressing thoughts, feelings, and observations in a timely manner. It involves communicating openly and honestly about what is happening, without delay or avoidance. This approach allows for effective and efficient communication, as it reduces misunderstandings and promotes a clear understanding of the present reality.
When individuals speak with immediacy, they demonstrate a willingness to address concerns or conflicts promptly, without letting them linger or escalate. It fosters open dialogue, enables timely problem-solving, and promotes accountability and responsibility in communication.
Speaking with immediacy also facilitates effective feedback and constructive conversations. It allows individuals to provide timely input, share their perspectives, and express their needs or concerns in a timely manner. This promotes a culture of open communication, collaboration, and growth, as issues can be addressed promptly and necessary adjustments can be made.
Overall, speaking with immediacy means moving toward the present moment, actively engaging in communication, and addressing the current situation directly. It supports effective and efficient communication, facilitates problem-solving, and promotes a culture of openness and accountability.
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